RBC Capital Reiterates Sector Perform on Info Servs, Maintains C$25 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Paul Treiber has reiterated a 'Sector Perform' rating on Info Servs (TSX:ISV) and maintained a price target of C$25.

September 25, 2023 | 3:45 pm
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NEUTRAL IMPACT
RBC Capital's reiteration of a 'Sector Perform' rating and maintenance of a C$25 price target for Info Servs could potentially stabilize the stock's price in the short term.
Analyst ratings and price targets can influence investor sentiment and thus the stock price. In this case, RBC Capital's reiteration of a 'Sector Perform' rating suggests that they believe Info Servs will perform on par with other companies in the sector. The maintenance of a C$25 price target indicates that they believe the stock is fairly valued at this price. This could potentially stabilize the stock's price in the short term as it signals to investors that the company is expected to perform as anticipated.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100