Benchmark Reiterates Buy on CareCloud, Maintains $3.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Bill Sutherland has reiterated a Buy rating on CareCloud (NASDAQ:CCLD) and maintained a $3.5 price target for the company's stock.
November 16, 2023 | 5:12 pm
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Benchmark analyst Bill Sutherland reaffirmed a Buy rating on CareCloud, with a price target of $3.5, indicating a positive outlook on the stock.
The reiteration of a Buy rating by a Benchmark analyst, along with the maintenance of a $3.5 price target, suggests a positive sentiment towards CareCloud's stock. This endorsement could lead to increased investor confidence and a potential short-term uplift in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100