Truist Securities Maintains Buy on IBEX, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Tobey Sommer maintains a 'Buy' rating on IBEX (NASDAQ:IBEX) but has lowered the price target from $32 to $25.
September 14, 2023 | 2:54 pm
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NEUTRAL IMPACT
Truist Securities has maintained a 'Buy' rating on IBEX but lowered the price target from $32 to $25.
The news is directly related to IBEX as the company's price target has been lowered by Truist Securities. However, the 'Buy' rating has been maintained which indicates that the analyst still sees potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100