Canaccord Genuity Maintains Buy on Phreesia, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Richard Close maintains a Buy rating on Phreesia (NYSE:PHR) but lowers the price target from $37 to $34.
May 31, 2024 | 4:56 pm
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Canaccord Genuity analyst Richard Close maintains a Buy rating on Phreesia but lowers the price target from $37 to $34.
The maintained Buy rating suggests continued confidence in Phreesia's long-term prospects, but the lowered price target indicates some caution regarding short-term performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100