Needham Reiterates Buy on Vertex, Maintains $35 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Joshua Reilly has reiterated a Buy rating on Vertex (NASDAQ:VERX) and maintained a $35 price target for the company's stock.
January 16, 2024 | 10:39 am
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Needham analyst Joshua Reilly reaffirmed a Buy rating on Vertex, with a continued price target of $35, indicating a positive outlook on the stock.
The reiteration of a Buy rating by a reputable analyst like Joshua Reilly from Needham can have a positive impact on investor sentiment towards Vertex. The maintenance of the $35 price target suggests that the analyst's outlook on the company remains positive, which could influence investors to share this optimism in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100