TD Cowen Maintains Buy on Veradigm, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Charles Rhyee maintains a Buy rating on Veradigm (OTC:MDRX) but lowers the price target from $26 to $15.
May 28, 2024 | 3:41 pm
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TD Cowen analyst Charles Rhyee maintains a Buy rating on Veradigm but lowers the price target from $26 to $15.
The Buy rating suggests continued confidence in Veradigm's long-term prospects, but the significant reduction in the price target indicates concerns about short-term performance or market conditions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100