Jefferies Initiates Coverage On Amdocs with Buy Rating, Announces Price Target of $105
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst George Notter has initiated coverage on Amdocs (NASDAQ:DOX) with a Buy rating and set a price target of $105.

December 01, 2023 | 1:22 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Jefferies has initiated coverage on Amdocs with a Buy rating and a price target of $105, which may positively influence investor sentiment and the stock's price.
Analyst ratings, especially from reputable firms like Jefferies, can significantly impact stock prices as they often influence investor perception and can lead to increased buying activity. A Buy rating combined with a high price target suggests a positive outlook for Amdocs, which could result in a short-term price increase.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100