Deutsche Bank Maintains Buy on Verra Mobility, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has maintained its Buy rating on Verra Mobility (NASDAQ:VRRM) but has lowered the price target from $31 to $29.
November 01, 2024 | 5:44 pm
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NEUTRAL IMPACT
Deutsche Bank has maintained its Buy rating on Verra Mobility but reduced the price target from $31 to $29, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Verra Mobility's prospects, but the lowered price target indicates a tempered outlook. This could lead to neutral short-term price movement as the Buy rating supports the stock, while the reduced target may limit upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100