Jefferies Downgrades Everi Hldgs to Hold, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst David Katz downgraded Everi Holdings (EVRI) from Buy to Hold and reduced the price target from $18 to $13.
March 01, 2024 | 11:16 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Everi Holdings was downgraded by Jefferies from Buy to Hold, with a price target reduction from $18 to $13.
The downgrade from Buy to Hold by a major analyst like Jefferies, coupled with a significant reduction in the price target, is likely to negatively impact investor sentiment towards EVRI in the short term. This could lead to a decrease in stock price as investors adjust their expectations based on the new analyst rating and price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100