Cantor Fitzgerald Maintains Overweight on CSG Systems Intl, Lowers Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Brett Knoblauch maintains an Overweight rating on CSG Systems Intl (NASDAQ:CSGS) but lowers the price target from $63 to $62.
May 02, 2024 | 4:05 pm
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Cantor Fitzgerald analyst Brett Knoblauch maintains an Overweight rating on CSG Systems Intl but lowers the price target from $63 to $62.
The adjustment in price target by Cantor Fitzgerald reflects a slight change in valuation expectation for CSG Systems Intl, though the Overweight rating indicates continued confidence in the company's performance. The reduction in price target is minor, suggesting that the overall investment thesis remains largely unchanged. This could lead to a neutral short-term impact on the stock as investors digest the implications of the revised price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100