JMP Securities Reiterates Market Outperform on Envestnet, Maintains $79 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Devin Ryan has reiterated a 'Market Outperform' rating on Envestnet (NYSE:ENV) and maintained a price target of $79.
April 09, 2024 | 12:40 pm
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JMP Securities reaffirms a positive outlook on Envestnet, maintaining a 'Market Outperform' rating and a $79 price target.
The reiteration of a 'Market Outperform' rating and the maintenance of a $79 price target by a reputable analyst firm like JMP Securities could instill confidence in investors and potentially lead to a positive short-term price movement for Envestnet's stock. Analyst ratings and price targets are significant indicators for investors, and positive reaffirmations like this can influence market perception and investor sentiment towards the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100