Evercore ISI Group Maintains Outperform Rating for Broadridge Financial Soln: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Evercore ISI Group has reaffirmed its Outperform rating on Broadridge Financial Solutions (NYSE:BR) and increased its price target from $226.00 to $230.00. Broadridge's current share price is $195.12, and the new price target suggests a potential upside of 17.88%. Broadridge, spun off from ADP in 2007, provides investor communications and technology-driven solutions in the financial sector.
December 05, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Evercore ISI Group maintains Outperform rating on Broadridge Financial Solutions and raises price target to $230, indicating a potential 17.88% upside from the current price.
The reaffirmation of the Outperform rating and the increase in price target by Evercore ISI Group are strong positive signals for investors, suggesting that the analyst firm believes in the company's future performance and growth potential. This could lead to increased investor confidence and a potential short-term rise in Broadridge's stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100