Northland Capital Markets Maintains Outperform on Evolv Technologies, Lowers Price Target to $5.5
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets analyst Michael Latimore maintains an Outperform rating on Evolv Technologies (NASDAQ:EVLV) but lowers the price target from $6.5 to $5.5.
August 12, 2024 | 11:41 am
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Northland Capital Markets maintains an Outperform rating on Evolv Technologies but lowers the price target from $6.5 to $5.5.
The Outperform rating suggests continued confidence in Evolv Technologies' performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100