Citigroup Maintains Buy on Amdocs, Raises Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ashwin Shirvaikar has reaffirmed a Buy rating on Amdocs (NASDAQ:DOX) and increased the price target from $96 to $104.
January 17, 2024 | 11:54 am
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POSITIVE IMPACT
Citigroup has maintained a Buy rating on Amdocs and raised the price target from $96 to $104, indicating a positive outlook on the stock.
The increase in price target by Citigroup reflects a bullish sentiment on Amdocs' future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100