TD Cowen analyst Bryan Bergin lowered the firm’s price target on Endava (DAVA) to $4 from $6 and keeps a Buy rating on the shares. Te firm said Q3 yielded further surprise with lower-than-expected performance and another cut to outlook due to a mix of mounting demand pressures.
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Read More on DAVA:
- Endava price target lowered to $4 from $8 at Morgan Stanley
- Endava downgraded to Underweight from Neutral at JPMorgan
- Endava Earnings Call: AI Momentum Meets Profit Squeeze
- Maggie Nolan Maintains Hold on Endava as Weaker Results and Outlook Offset Rapid AI-Driven Growth
- Endava Swings to Heavy Q3 Loss on Goodwill Hit as It Accelerates AI and Payments Pivot
