Piper Sandler Upgrades Q2 Holdings to Neutral, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Arvind Ramnani upgraded Q2 Holdings (NYSE:QTWO) from Underweight to Neutral and increased the price target from $30 to $41.
December 13, 2023 | 9:04 am
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POSITIVE IMPACT
Q2 Holdings was upgraded by Piper Sandler from Underweight to Neutral, with a raised price target from $30 to $41, indicating a more favorable outlook on the stock.
Upgrades by analysts can lead to increased investor confidence and can result in a positive short term price movement. The significant raise in price target from $30 to $41 suggests a substantial change in the company's valuation according to Piper Sandler.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100