Stifel Maintains Buy on EverCommerce, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback has maintained a 'Buy' rating on EverCommerce (NASDAQ:EVCM) but lowered the price target from $14 to $12.
November 07, 2023 | 3:02 pm
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EverCommerce's price target has been lowered from $14 to $12 by Stifel, though the 'Buy' rating is maintained.
The news directly pertains to EverCommerce (EVCM). While the lowering of the price target might be seen as a negative signal, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100