Piper Sandler Maintains Overweight on Accolade, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Jessica Tassan has maintained an Overweight rating on Accolade (NASDAQ:ACCD) and increased the price target from $12 to $15. This adjustment reflects a positive outlook on the company's stock.
January 09, 2024 | 1:39 pm
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Piper Sandler's analyst has reaffirmed an Overweight rating on Accolade and raised the price target to $15, indicating a bullish outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100