Susquehanna Maintains Positive on Endava, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst James Friedman maintains a Positive rating on Endava (NYSE:DAVA) but lowers the price target from $66 to $55.

September 20, 2024 | 2:25 pm
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Susquehanna analyst James Friedman maintains a Positive rating on Endava but lowers the price target from $66 to $55, indicating a cautious outlook.
The lowering of the price target from $66 to $55 suggests a less optimistic view on Endava's short-term performance, despite maintaining a Positive rating. This could lead to a negative short-term impact on the stock price as investors may react to the reduced target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100