Canaccord Genuity Maintains Buy on Privia Health Gr, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Richard Close maintains a Buy rating on Privia Health Group (PRVA) but lowers the price target from $41 to $37.

March 19, 2024 | 10:46 am
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NEUTRAL IMPACT
Canaccord Genuity maintains a Buy rating on Privia Health Group but lowers the price target from $41 to $37.
While the reduction in price target from $41 to $37 by Canaccord Genuity could be seen as a negative adjustment, the maintenance of a Buy rating by analyst Richard Close suggests a continued positive outlook on Privia Health Group's stock. The lowered price target might reflect adjustments in market conditions or company valuation, but the overall recommendation remains bullish. This mixed signal could lead to short-term uncertainty among investors, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100