Needham Reiterates Buy on 8x8, Maintains $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan Koontz has reiterated a Buy rating on 8x8 (NASDAQ:EGHT) and maintained a $5 price target on the stock.

February 01, 2024 | 12:37 pm
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Needham analyst Ryan Koontz reiterated a Buy rating on 8x8 and maintained a $5 price target.
The reiteration of a Buy rating and maintenance of a $5 price target by a reputable analyst like Ryan Koontz from Needham is likely to instill confidence among investors and could positively influence 8x8's stock price in the short term. Analyst ratings, especially from well-regarded financial institutions, can significantly impact investor sentiment and stock prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100