RBC Capital Reiterates Sector Perform on Phreesia, Maintains $23 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Sean Dodge reiterated a 'Sector Perform' rating on Phreesia (NYSE:PHR) and maintained a $23 price target.

March 21, 2024 | 3:14 pm
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NEUTRAL IMPACT
RBC Capital maintains a 'Sector Perform' rating on Phreesia with a $23 price target.
The reiteration of the 'Sector Perform' rating and maintenance of the $23 price target by RBC Capital suggests a neutral outlook on Phreesia's stock in the short term. This indicates that the analyst believes the stock is fairly valued at its current level, neither undervalued nor overvalued, which is why the score is neutral. The high relevance is due to the direct mention and focus on Phreesia. The importance is significant as analyst ratings can influence market perception and investor decisions. The confidence level is high due to the specificity of the rating and price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100