JP Morgan Maintains Neutral on Vtex, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Sterling Auty maintains a Neutral rating on Vtex (NYSE:VTEX) and raises the price target from $6.5 to $9.
March 01, 2024 | 3:59 pm
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JP Morgan analyst Sterling Auty maintains a Neutral rating on Vtex but raises the price target from $6.5 to $9.
The increase in price target from $6.5 to $9 by a reputable analyst at JP Morgan suggests a positive outlook on VTEX's valuation, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100