Stifel Maintains Buy on Accolade, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst David Grossman maintains a Buy rating on Accolade (NASDAQ:ACCD) but lowers the price target from $13 to $8.
June 28, 2024 | 4:56 pm
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Stifel analyst David Grossman maintains a Buy rating on Accolade but lowers the price target from $13 to $8, 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 is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100