Roth MKM Maintains Buy on eGain, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Richard Baldry has maintained a Buy rating on eGain (NASDAQ:EGAN) but has lowered the price target from $15 to $12.

February 09, 2024 | 4:18 pm
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Roth MKM maintains a Buy rating on eGain but lowers the price target from $15 to $12.
While the maintenance of a Buy rating indicates continued confidence in eGain's fundamentals and growth potential, the reduction in the price target could reflect adjustments in market conditions or expectations. This mixed signal might lead to short-term uncertainty among investors, potentially stabilizing the stock price as the market digests the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100