JMP Securities Maintains Market Outperform on Vertex, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Joe Goodwin has maintained a Market Outperform rating on Vertex (NASDAQ:VERX) and increased the price target from $31 to $42.
March 01, 2024 | 5:05 pm
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Vertex's price target has been raised from $31 to $42 by JMP Securities, maintaining a Market Outperform rating.
The increase in price target by a reputable analyst firm like JMP Securities typically signals a strong bullish outlook on the stock, suggesting potential upside. This could lead to increased investor confidence and a possible short-term price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100