Consensus Cloud Solutions shares are trading higher after BTIG upgraded the stock from Neutral to Buy and announced a $30 price target.
Portfolio Pulse from Benzinga Newsdesk
Consensus Cloud Solutions shares rose after BTIG upgraded the stock from Neutral to Buy, setting a $30 price target.
August 21, 2024 | 3:11 pm
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POSITIVE IMPACT
BTIG upgraded Consensus Cloud Solutions from Neutral to Buy, setting a $30 price target, leading to a rise in the stock price.
The upgrade from BTIG to a Buy rating and the establishment of a $30 price target is a positive signal for investors, likely increasing demand and driving the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100