Canaccord Genuity Maintains Buy on Concentrix, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Joseph Vafi maintains a Buy rating on Concentrix (NASDAQ:CNXC) but lowers the price target from $125 to $100.
September 26, 2024 | 2:31 pm
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Canaccord Genuity's analyst Joseph Vafi maintains a Buy rating on Concentrix but lowers the price target from $125 to $100, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in Concentrix's performance, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company-specific factors. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100