Barclays Maintains Equal-Weight on Jamf Holding, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Equal-Weight rating on Jamf Holding (NASDAQ:JAMF) but lowered the price target from $20 to $18.
February 28, 2024 | 4:13 pm
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Barclays has maintained an Equal-Weight rating on Jamf Holding but reduced the price target from $20 to $18.
The reduction in price target by Barclays, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price of Jamf Holding. The Equal-Weight rating suggests that the stock is expected to perform in line with the market or sector, but the lowered price target indicates a revision of the expected performance level.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100