Susquehanna Maintains Positive on Endava, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst James Friedman maintains a Positive rating on Endava (NYSE:DAVA) but lowers the price target from $83 to $66.

March 12, 2024 | 1:34 pm
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NEUTRAL IMPACT
Susquehanna maintains a Positive rating on Endava but lowers the price target from $83 to $66.
While the maintenance of a Positive rating by Susquehanna indicates continued confidence in Endava's business model and growth prospects, the reduction in the price target from $83 to $66 could reflect adjustments in valuation metrics or market conditions that might temper short-term price performance. The neutral score reflects the mixed nature of the news, with positive sentiment from the rating counterbalanced by a lower price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100