RBC Capital Maintains Sector Perform on Q2 Holdings, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains a Sector Perform rating on Q2 Holdings (NYSE:QTWO) and raises the price target from $46 to $60.

May 02, 2024 | 2:40 pm
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POSITIVE IMPACT
RBC Capital analyst Matthew Hedberg maintains a Sector Perform rating on Q2 Holdings and raises the price target from $46 to $60.
The increase in the price target from $46 to $60 by RBC Capital indicates a positive outlook on the stock's future performance. This adjustment suggests that the analyst sees potential for growth or improvement in Q2 Holdings' financial health or market position, likely leading to a positive short-term impact on the stock price. The maintenance of a Sector Perform rating, however, indicates that the stock is expected to perform in line with the sector, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100