Stephens & Co. Reiterates Overweight on i3 Verticals, Maintains $32 Price Target
Portfolio Pulse from Benzinga Newsdesk
Charles Nabhan, an analyst at Stephens & Co., has reiterated an Overweight rating on i3 Verticals (NASDAQ:IIIV) and maintained a price target of $32 for the company's stock.
November 16, 2023 | 3:56 pm
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Stephens & Co. analyst Charles Nabhan reaffirmed an Overweight rating on i3 Verticals, with a continued price target of $32, indicating a positive outlook on the stock.
The reiteration of an Overweight rating and the maintenance of a $32 price target by a Stephens & Co. analyst could lead to increased investor confidence in i3 Verticals. This positive analyst outlook is likely to have a favorable impact on the stock price in the short term, as it suggests the analyst believes the stock is undervalued at its current price and has the potential to rise.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100