B of A Securities Maintains Underperform on BigCommerce Holdings, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained an 'Underperform' rating on BigCommerce Holdings and lowered its price target from $8 to $6.
August 29, 2024 | 12:35 pm
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NEGATIVE IMPACT
B of A Securities has maintained an 'Underperform' rating on BigCommerce Holdings and reduced its price target from $8 to $6, indicating a bearish outlook.
The 'Underperform' rating suggests that the stock is expected to perform worse than the market or its peers. The lowered price target from $8 to $6 indicates a negative outlook on the company's future performance, likely leading to a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100