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Endava price target lowered to $10 from $13 at JPMorgan

JPMorgan lowered the firm’s price target on Endava (DAVA) to $10 from $13 and keeps a Neutral rating on the shares. The company reported a fiscal Q1 miss and guidance cut, the analyst tells investors in a research note. The firm sees limited share upside until consensus estimates are “de-risked.”

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