B of A Securities Upgrades Vertex to Neutral, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Brad Sills has upgraded Vertex (NASDAQ:VERX) from Underperform to Neutral and increased the price target from $23 to $40.
March 01, 2024 | 4:06 pm
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Vertex's stock rating was upgraded by B of A Securities from Underperform to Neutral, and its price target was raised from $23 to $40.
The upgrade from Underperform to Neutral by a significant analyst at B of A Securities, along with a substantial increase in the price target from $23 to $40, is likely to be viewed positively by the market. This could lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100