Needham Maintains Buy on IntL Money Express, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mayank Tandon maintains a Buy rating on IntL Money Express (NASDAQ:IMXI) but lowers the price target from $25 to $22.
August 08, 2024 | 10:29 am
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Needham analyst Mayank Tandon maintains a Buy rating on IntL Money Express (NASDAQ:IMXI) but lowers the price target from $25 to $22.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100