DA Davidson Maintains Buy on Envestnet, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Peter Heckmann maintains a Buy rating on Envestnet (NYSE:ENV) but lowers the price target from $72 to $66.
October 04, 2023 | 7:02 pm
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DA Davidson maintains a Buy rating on Envestnet but lowers the price target from $72 to $66.
The news is directly related to Envestnet. The maintained Buy rating indicates a positive outlook for the company, but the lowered price target may cause some investors to reassess their positions. This could lead to short-term price volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100