Needham Maintains Buy on Accolade, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan MacDonald maintains a Buy rating on Accolade (NASDAQ:ACCD) but lowers the price target from $13 to $8.

June 28, 2024 | 10:20 am
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Needham analyst Ryan MacDonald maintains a Buy rating on Accolade but lowers the price target from $13 to $8.
The Buy rating suggests continued confidence in Accolade's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100