Keybanc Maintains Overweight on i3 Verticals, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Josh Beck maintains an Overweight rating on i3 Verticals (NASDAQ:IIIV) but lowers the price target from $26 to $24.
October 18, 2023 | 10:02 am
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i3 Verticals' price target has been lowered from $26 to $24 by Keybanc, though the Overweight rating is maintained.
The news directly pertains to i3 Verticals as Keybanc has lowered its price target for the company. However, the Overweight rating is maintained, indicating that Keybanc still sees potential in the company. This could have a neutral impact on the stock as the lowered price target might be seen as a negative, but the maintained Overweight rating could be seen as a positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100