JMP Securities Reiterates Market Perform on Model N
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Joe Goodwin has reiterated a 'Market Perform' rating on Model N (NYSE:MODN), indicating a neutral outlook on the company's stock.
May 07, 2024 | 3:45 pm
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JMP Securities analyst Joe Goodwin reiterates a 'Market Perform' rating on Model N, suggesting a neutral short-term impact on the stock.
The reiteration of a 'Market Perform' rating by JMP Securities through analyst Joe Goodwin suggests that there are no immediate catalysts expected to significantly move Model N's stock price in the short term. This neutral stance indicates that the analyst believes the stock is fairly valued at its current price, taking into account the company's current performance and market conditions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90