Baird Maintains Neutral on Ncino, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Joe Vruwink maintains a Neutral rating on Ncino (NASDAQ:NCNO) but lowers the price target from $37 to $36.
May 30, 2024 | 12:25 pm
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NEUTRAL IMPACT
Baird analyst Joe Vruwink maintains a Neutral rating on Ncino and lowers the price target from $37 to $36. This slight reduction in the price target may indicate a cautious outlook on the stock's short-term performance.
The analyst's decision to maintain a Neutral rating while slightly lowering the price target suggests a cautious but not overly negative outlook. This may lead to a neutral short-term impact on the stock price as the change is minimal.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100