BTIG Maintains Buy on Simulations Plus, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst David Larsen maintains a Buy rating on Simulations Plus (NASDAQ:SLP) but lowers the price target from $60 to $50.
October 24, 2024 | 4:16 pm
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NEUTRAL IMPACT
BTIG analyst David Larsen continues to recommend buying Simulations Plus (SLP) but has reduced the price target from $60 to $50, indicating a more conservative outlook.
The Buy rating suggests continued confidence in SLP's potential, but the lowered price target reflects a more cautious stance on its short-term valuation. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100