Stifel Maintains Buy on Asure Software, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback has maintained a Buy rating on Asure Software (NASDAQ:ASUR) but has reduced the price target from $15 to $12.
November 14, 2023 | 5:53 pm
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NEUTRAL IMPACT
Stifel analyst maintains a Buy rating on Asure Software but lowers the price target from $15 to $12.
While the reduction in price target could be seen as a negative signal, potentially leading to a short-term dip in stock price, the maintenance of a Buy rating by Stifel suggests that the analyst still sees long-term value in the company. This mixed signal is likely to result in a neutral short-term impact on ASUR's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100