TD Cowen Maintains Buy on Endava, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Bryan Bergin maintains a Buy rating on Endava (NYSE:DAVA) but lowers the price target from $46 to $42.
May 24, 2024 | 1:03 pm
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NEUTRAL IMPACT
TD Cowen analyst Bryan Bergin maintains a Buy rating on Endava but lowers the price target from $46 to $42.
The Buy rating suggests continued confidence in Endava's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100