JMP Securities Downgrades Model N to Market Perform
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Joe Goodwin downgraded Model N (NYSE:MODN) from Market Outperform to Market Perform, indicating a neutral outlook on the company's stock.

February 07, 2024 | 11:54 am
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NEUTRAL IMPACT
Model N was downgraded by JMP Securities from Market Outperform to Market Perform, suggesting a neutral future performance.
The downgrade by JMP Securities from Market Outperform to Market Perform suggests that the analyst sees limited upside potential or increased risks that could limit the stock's performance in the short term. This neutral stance could influence investor sentiment and potentially stabilize the stock's price without significant upward or downward movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100