Citigroup Maintains Neutral on Vertex, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Steven Enders maintains a Neutral rating on Vertex (NASDAQ:VERX) and lowers the price target from $34 to $32.
April 23, 2024 | 4:26 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Citigroup analyst Steven Enders maintains a Neutral rating on Vertex and lowers the price target from $34 to $32.
The reduction in price target by Citigroup, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in VERX's stock price. The Neutral rating suggests no significant positive catalysts in the near term to counterbalance the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100