B of A Securities Maintains Neutral on Concentrix, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Concentrix (NASDAQ:CNXC) but has lowered its price target from $85 to $70.
September 26, 2024 | 4:06 pm
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B of A Securities has maintained a Neutral rating on Concentrix but lowered the price target from $85 to $70, indicating a less optimistic outlook.
The lowering of the price target from $85 to $70 by B of A Securities suggests a less optimistic view on Concentrix's future performance, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100