Piper Sandler Reiterates Neutral on BigCommerce Holdings, Maintains $11 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Clarke Jeffries has reiterated a Neutral rating on BigCommerce Holdings (NASDAQ:BIGC) and maintained the price target of $11. This reflects a continued expectation of average performance from the company's stock.
November 16, 2023 | 9:30 am
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NEUTRAL IMPACT
Piper Sandler's reiteration of a Neutral rating and maintenance of an $11 price target for BigCommerce Holdings suggests no significant change in the market's view of the company's stock.
The reiteration of a Neutral rating by a major analyst firm like Piper Sandler typically indicates that there are no new significant positive or negative developments that could drive the stock price substantially in either direction. The maintenance of the price target suggests that the firm's view on the stock's valuation remains unchanged.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100