Canaccord Genuity Maintains Buy on Phreesia, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Richard Close maintains a Buy rating on Phreesia (NYSE:PHR) and raises the price target from $36 to $37.
March 15, 2024 | 12:22 pm
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Canaccord Genuity maintains a Buy rating on Phreesia and raises the price target from $36 to $37.
The upgrade in price target by a reputable analyst firm like Canaccord Genuity typically signals a positive outlook on the stock, suggesting potential upside. This could lead to increased investor confidence and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100