Baird Downgrades Thoughtworks Holding to Neutral, Announces $4.4 Price Target
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Koning has downgraded Thoughtworks Holding (NASDAQ:TWKS) from Outperform to Neutral and set a price target of $4.4.
August 06, 2024 | 9:20 am
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Baird analyst David Koning downgraded Thoughtworks Holding from Outperform to Neutral and set a price target of $4.4.
The downgrade from Outperform to Neutral by a reputable analyst and the setting of a relatively low price target of $4.4 is likely to negatively impact investor sentiment and the short-term stock price of Thoughtworks Holding.
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