Baird Maintains Neutral on Amdocs, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Baird analyst William Power maintains a Neutral rating on Amdocs (NASDAQ:DOX) and lowers the price target from $97 to $90.
May 09, 2024 | 10:47 am
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Baird analyst William Power maintains a Neutral rating on Amdocs and lowers the price target from $97 to $90.
The adjustment in price target by Baird, while maintaining a Neutral stance, suggests a recalibration of expectations rather than a fundamental shift in the company's outlook. This adjustment might lead to short-term price adjustments as the market aligns with the new target, but the neutral rating indicates no significant change in the company's overall prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100