B. Riley Securities Reiterates Neutral on Crexendo, Maintains $6.75 Price Target
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Josh Nichols has reiterated a Neutral rating on Crexendo (NASDAQ:CXDO) and maintained a price target of $6.75.

March 06, 2024 | 1:32 pm
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NEUTRAL IMPACT
B. Riley Securities maintains a Neutral rating and a $6.75 price target on Crexendo.
The reiteration of a Neutral rating and maintenance of the price target suggests that B. Riley Securities sees no new catalysts or changes in fundamentals that would significantly alter the stock's valuation in the short term. This could lead to a neutral impact on the stock price as the market has likely already priced in the analyst's expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90