Piper Sandler Maintains Overweight on Accolade, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Jessica Tassan has maintained an Overweight rating on Accolade (NASDAQ:ACCD) but reduced the price target from $15 to $12.

November 22, 2023 | 5:36 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Piper Sandler has maintained an Overweight rating on Accolade but lowered the price target from $15 to $12, indicating a positive outlook but with reduced expectations.
While the Overweight rating suggests that Piper Sandler still sees Accolade as a good investment, the reduction in the price target could imply that there are some concerns about the company's future performance or market conditions that might limit its stock price growth. This news is likely to have a neutral short-term impact on the stock as the positive rating is counterbalanced by the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100