RBC Capital Maintains Outperform on Veradigm, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Sean Dodge has maintained an Outperform rating on Veradigm (NASDAQ:MDRX) but has cut the price target from $22 to $11.

January 19, 2024 | 2:06 pm
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RBC Capital analyst Sean Dodge maintains an Outperform rating on Veradigm but reduces the price target from $22 to $11.
The reduction in price target by RBC Capital is likely to negatively impact investor sentiment in the short term, as it suggests a lower expected future stock price. However, the maintenance of an Outperform rating indicates the analyst still sees positive aspects in the company's fundamentals or growth prospects.
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IMPORTANCE 80
RELEVANCE 100