Truist Securities Maintains Buy on Accolade, Lowers Price Target to $7.5
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Accolade (NASDAQ:ACCD) but lowered the price target from $9 to $7.5.
October 09, 2024 | 4:25 pm
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Truist Securities has maintained a Buy rating on Accolade but reduced the price target from $9 to $7.5, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Accolade's potential, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100