Needham Reiterates Buy on Instructure Hldgs, Maintains $32 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan MacDonald has reiterated a 'Buy' rating on Instructure Hldgs (NYSE:INST) and maintained a price target of $32.

October 31, 2023 | 10:47 am
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Instructure Hldgs has been reiterated with a 'Buy' rating by Needham analyst Ryan MacDonald, with a maintained price target of $32.
Analyst ratings often influence the market's perception of a stock. A 'Buy' rating suggests that the analyst believes the stock will perform well in the future. The maintained price target of $32 indicates that the analyst believes the stock is still undervalued at current prices, which could lead to increased investor interest and potentially a rise in the stock's price.
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IMPORTANCE 80
RELEVANCE 100