William Blair Downgrades Everbridge to Market Perform
Portfolio Pulse from Benzinga Newsdesk
William Blair analyst Arjun Bhatia downgraded Everbridge (NASDAQ:EVBG) from Outperform to Market Perform, indicating a change in the firm's outlook on the company's stock.
February 05, 2024 | 7:49 pm
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Everbridge was downgraded by William Blair from Outperform to Market Perform, suggesting a neutral outlook on the stock's short-term performance.
The downgrade by a prominent analyst from a positive to a neutral rating suggests a shift in the firm's perspective on Everbridge's near-term growth or performance prospects. This could lead to a neutral impact on the stock price in the short term as investors adjust their expectations.
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