Rosenblatt Maintains Buy on 8x8, Lowers Price Target to $3.5
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Catharine Trebnick maintains a Buy rating on 8x8 (NASDAQ:EGHT) but lowers the price target from $4 to $3.5.
October 28, 2024 | 2:39 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Rosenblatt analyst Catharine Trebnick maintains a Buy rating on 8x8 but lowers the price target from $4 to $3.5, indicating a slightly less optimistic outlook.
The maintained Buy rating suggests continued confidence in 8x8's potential, but the lowered price target reflects a tempered outlook, possibly due to market conditions or company performance. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100