BMO Capital Maintains Market Perform on BILL Holdings, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Daniel Jester maintains a Market Perform rating on BILL Holdings but lowers the price target from $75 to $57.
August 26, 2024 | 2:43 pm
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BMO Capital has maintained its Market Perform rating for BILL Holdings but has reduced the price target from $75 to $57, indicating a more cautious outlook.
The reduction in the price target from $75 to $57 by BMO Capital suggests a less optimistic view on BILL Holdings' future performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations.
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