Needham Maintains Buy on CS Disco, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg maintains a Buy rating on CS Disco (NYSE:LAW) but lowers the price target from $15 to $11.

May 10, 2024 | 10:24 am
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Needham analyst Scott Berg maintains a Buy rating on CS Disco but lowers the price target from $15 to $11, indicating a positive outlook but adjusting expectations.
While the maintenance of a Buy rating suggests continued confidence in CS Disco's fundamentals and growth potential, the reduction in the price target could reflect adjustments in market conditions or company valuation that might temper short-term price expectations. However, the overall positive stance is likely to support investor sentiment.
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IMPORTANCE 80
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