Needham Maintains Buy on 8x8, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan Koontz maintains a 'Buy' rating on 8x8 (NASDAQ:EGHT) but lowers the price target from $6 to $5.
November 02, 2023 | 10:41 am
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Needham analyst maintains a 'Buy' rating on 8x8 but lowers the price target from $6 to $5.
The news is directly related to 8x8 (NASDAQ:EGHT). While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential decrease in the short-term value of the stock. However, the impact on the stock price is uncertain as the 'Buy' rating suggests positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100