Needham Maintains Buy on Q2 Holdings, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mayank Tandon has reaffirmed a Buy rating on Q2 Holdings (NYSE:QTWO) and increased the price target from $40 to $50.
December 18, 2023 | 11:37 am
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POSITIVE IMPACT
Needham analyst Mayank Tandon maintains a Buy rating on Q2 Holdings and raises the price target from $40 to $50.
The reaffirmation of a Buy rating combined with an increased price target typically signals analyst confidence in the company's future performance, which can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100