Truist Securities Maintains Hold on Everbridge, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Terry Tillman has maintained a Hold rating on Everbridge (NASDAQ:EVBG) and increased the price target from $20 to $35. This adjustment reflects a more optimistic outlook on the company's future performance.
March 04, 2024 | 1:23 pm
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Truist Securities has maintained a Hold rating on Everbridge but raised the price target from $20 to $35, indicating a positive reassessment of the company's value.
The increase in the price target from $20 to $35 by a reputable analyst suggests a more optimistic view on Everbridge's future performance and potential for growth. This could lead to increased investor confidence and potentially a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100