Jefferies Maintains Hold on Vertex, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Samad Samana has maintained a Hold rating on Vertex (NASDAQ:VERX) and increased the price target from $27 to $35.
March 01, 2024 | 12:30 pm
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Jefferies has maintained a Hold rating on Vertex but raised the price target from $27 to $35.
The increase in price target by Jefferies from $27 to $35, while maintaining a Hold rating, suggests a positive reassessment of Vertex's valuation or future prospects. This could lead to increased investor interest and potentially a positive short-term impact on VERX's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100