DA Davidson Downgrades Q2 Holdings to Neutral, Raises Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Peter Heckmann has downgraded Q2 Holdings (NYSE:QTWO) from Buy to Neutral while raising the price target from $65 to $76.
July 24, 2024 | 10:47 am
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DA Davidson analyst Peter Heckmann downgraded Q2 Holdings from Buy to Neutral, but raised the price target from $65 to $76.
The downgrade from Buy to Neutral suggests a less optimistic outlook on the stock's performance, which could lead to a neutral or slightly negative short-term impact. However, the raised price target to $76 indicates some underlying confidence in the company's value, balancing the overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100