Canaccord Genuity Maintains Buy on Accolade, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Richard Close maintains a Buy rating on Accolade (NASDAQ:ACCD) but lowers the price target from $16 to $13.
June 28, 2024 | 12:38 pm
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Canaccord Genuity analyst Richard Close maintains a Buy rating on Accolade (NASDAQ:ACCD) but lowers the price target from $16 to $13.
The Buy rating suggests continued confidence in Accolade's long-term prospects, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
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IMPORTANCE 70
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