Truist Securities Maintains Buy on Accolade, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jailendra Singh maintains a Buy rating on Accolade (NASDAQ:ACCD) but lowers the price target from $14 to $9.
June 28, 2024 | 4:01 pm
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Truist Securities maintains a Buy rating on Accolade but lowers the price target from $14 to $9, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in Accolade's long-term prospects, but the lowered price target reflects a more cautious short-term outlook. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100