BMO Capital Maintains Market Perform on Vertex, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Daniel Jester has maintained a Market Perform rating on Vertex (NASDAQ:VERX) and increased the price target from $24 to $28.
November 10, 2023 | 7:59 pm
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BMO Capital has reaffirmed Vertex's Market Perform rating and raised the price target from $24 to $28, indicating a positive outlook on the stock.
The increase in price target by BMO Capital suggests a positive sentiment towards Vertex's stock performance. This could lead to increased investor confidence and a potential short-term rise in the stock price, as market participants may view the new price target as a sign of expected value growth.
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IMPORTANCE 75
RELEVANCE 100