Citigroup Maintains Neutral on Endava, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ashwin Shirvaikar maintains a Neutral rating on Endava (NYSE:DAVA) and lowers the price target from $40 to $33.

April 22, 2024 | 3:46 pm
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Citigroup maintains a Neutral rating on Endava and lowers the price target from $40 to $33.
The reduction in price target by Citigroup, a major financial institution, suggests a bearish outlook on Endava's short-term price potential. This adjustment reflects an expectation of lower future stock performance, which could influence investor sentiment and lead to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100