LiveRamp shares are trading lower. The company reported Q1 financial results. Additionally, Evercore ISI Group lowered its price target on the stock from $50 to $40.
Portfolio Pulse from Benzinga Newsdesk
LiveRamp shares are trading lower following the release of its Q1 financial results. Additionally, Evercore ISI Group has lowered its price target on the stock from $50 to $40.
August 08, 2024 | 3:38 pm
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NEGATIVE IMPACT
LiveRamp shares are trading lower after the company reported its Q1 financial results. Additionally, Evercore ISI Group has reduced its price target on the stock from $50 to $40.
The combination of disappointing Q1 financial results and a lowered price target from a reputable analyst firm like Evercore ISI Group is likely to negatively impact investor sentiment and drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100