Stephens & Co. Maintains Equal-Weight on CPSI, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jeff Garro has maintained an Equal-Weight rating on CPSI (NASDAQ:CPSI) but has lowered the price target from $24 to $14.
November 10, 2023 | 3:46 pm
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Stephens & Co. maintained an Equal-Weight rating on CPSI but reduced the price target from $24 to $14, indicating a potential downside or lower growth expectations.
The reduction in price target by a notable analyst like Jeff Garro from Stephens & Co. suggests a bearish outlook on the stock's value, which could lead to a negative short-term impact on CPSI's stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100