Stifel Maintains Hold on ePlus, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Sheerin maintains a Hold rating on ePlus (NASDAQ:PLUS) and raises the price target from $70 to $80.

April 15, 2024 | 2:17 pm
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Stifel analyst Matthew Sheerin maintains a Hold rating on ePlus and raises the price target from $70 to $80.
The increase in price target by Stifel suggests a positive outlook on ePlus's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price. However, the Hold rating indicates that the stock might already be valued appropriately, tempering expectations for significant price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100