Guggenheim Maintains Buy on Accolade, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Sandy Draper maintains a Buy rating on Accolade (NASDAQ:ACCD) but lowers the price target from $13 to $6.

June 28, 2024 | 5:03 pm
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Guggenheim analyst Sandy Draper maintains a Buy rating on Accolade but lowers the price target from $13 to $6.
The Buy rating suggests confidence in the company's long-term prospects, but the significant reduction in the price target indicates concerns about short-term performance or market conditions. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100