BMO Capital Maintains Market Perform on i3 Verticals, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Rufus Hone maintains a Market Perform rating on i3 Verticals (NASDAQ:IIIV) but lowers the price target from $23 to $21.
October 03, 2024 | 12:32 pm
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BMO Capital has maintained its Market Perform rating on i3 Verticals but has lowered the price target from $23 to $21, indicating a more cautious outlook.
The lowering of the price target suggests a less optimistic view on i3 Verticals' future performance, which could lead to a short-term negative impact on the stock price. The Market Perform rating indicates a neutral stance, but the reduced target price reflects potential challenges or lower growth expectations.
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IMPORTANCE 80
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