B of A Securities Upgrades Concentrix to Neutral, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded Concentrix (NASDAQ:CNXC) from Underperform to Neutral and increased its price target from $65 to $85.
August 28, 2024 | 12:28 pm
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B of A Securities has upgraded Concentrix from Underperform to Neutral, raising the price target from $65 to $85, indicating a more positive outlook on the stock.
The upgrade from Underperform to Neutral by B of A Securities suggests improved sentiment towards Concentrix, likely leading to positive short-term price movement. The raised price target from $65 to $85 indicates increased confidence in the company's valuation.
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