Truist Securities Maintains Hold on Everbridge, Lowers Price Target to $20-Report released on 9th Nov 2023
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Terry Tillman has maintained a Hold rating on Everbridge (NASDAQ:EVBG) and reduced the price target from $23 to $20 as reported on November 9, 2023.
November 10, 2023 | 3:21 pm
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Truist Securities has maintained a Hold rating on Everbridge and lowered the price target from $23 to $20, indicating a more cautious outlook on the stock's value.
The reduction in price target by Truist Securities reflects a more conservative valuation of Everbridge, which could lead to a negative perception among investors and potentially result in a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100