Needham Maintains Buy on Endava, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mayank Tandon has maintained a 'Buy' rating on Endava (NYSE:DAVA) but lowered the price target from $68 to $65.
September 20, 2023 | 8:09 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Endava's price target has been lowered from $68 to $65 by Needham, though the 'Buy' rating is maintained.
The lowering of the price target by Needham could potentially create a negative sentiment among investors. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100