RBC Capital Maintains Outperform on PowerSchool Holdings, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on PowerSchool Holdings (NYSE:PWSC) but lowers the price target from $29 to $27.
November 08, 2023 | 8:08 pm
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RBC Capital maintains an Outperform rating on PowerSchool Holdings but lowers the price target from $29 to $27.
The news is directly about PowerSchool Holdings. The Outperform rating suggests that the analyst expects the stock to do better than the market average. However, the lowering of the price target might indicate a reduced growth expectation, which could have a neutral impact on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100