Piper Sandler Downgrades IBEX to Neutral, Announces $17 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Arvind Ramnani has downgraded IBEX (NASDAQ:IBEX) from Overweight to Neutral and set a price target of $17.
November 10, 2023 | 9:44 am
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NEGATIVE IMPACT
IBEX has been downgraded from Overweight to Neutral by Piper Sandler, with a new price target of $17.
The downgrade from Overweight to Neutral by Piper Sandler indicates a less optimistic outlook for the company. This could potentially lead to a decrease in the stock price in the short term. The new price target of $17 also provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100