Canaccord Genuity Maintains Hold on TTEC Holdings, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Joseph Vafi maintains a Hold rating on TTEC Holdings (NASDAQ:TTEC) and lowers the price target from $13 to $8.
May 10, 2024 | 6:52 pm
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Canaccord Genuity maintains a Hold rating on TTEC Holdings and reduces the price target from $13 to $8, indicating a bearish outlook on the stock's short-term price movement.
The reduction in price target by a significant margin from $13 to $8 by a reputable analyst firm like Canaccord Genuity suggests a bearish outlook on TTEC Holdings' short-term financial performance or market position. This action could lead to a negative investor sentiment and potentially a decrease in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100