Needham Reiterates Buy on Accolade, Maintains $17 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan MacDonald has reiterated a 'Buy' rating on Accolade (NASDAQ:ACCD) and maintained a price target of $17.
October 02, 2023 | 9:43 am
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Accolade's stock rating has been reiterated as 'Buy' by Needham analyst Ryan MacDonald, with a maintained price target of $17.
The reiteration of a 'Buy' rating by a reputable analyst like Ryan MacDonald from Needham is a positive signal for investors. The maintained price target of $17 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100