Stephens & Co. Maintains Overweight on Accolade, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jeff Garro maintains an Overweight rating on Accolade (NASDAQ:ACCD) but lowers the price target from $10 to $8.
October 09, 2024 | 2:04 pm
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Stephens & Co. analyst Jeff Garro maintains an Overweight rating on Accolade but lowers the price target from $10 to $8, indicating a cautious outlook.
The maintenance of an Overweight rating suggests continued confidence in Accolade's potential, but the lowered price target from $10 to $8 indicates a more cautious short-term outlook. This could lead to a negative short-term impact on the stock price as investors adjust expectations.
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IMPORTANCE 80
RELEVANCE 100