Needham Reiterates Buy on CS Disco, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg has reiterated a Buy rating on CS Disco (NYSE:LAW) and maintained a $15 price target for the company's stock.
January 04, 2024 | 3:43 pm
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POSITIVE IMPACT
Needham analyst Scott Berg reaffirmed a Buy rating on CS Disco and kept the price target at $15, indicating a positive outlook on the stock.
The reiteration of a Buy rating by a reputable analyst can positively influence investor sentiment and potentially lead to a short-term increase in the stock price. The maintained price target suggests that the analyst believes the stock has the potential to reach or exceed $15, which is likely higher than the current trading price, indicating an upside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100