TD Cowen lowered the firm’s price target on Endava (DAVA) to $6 from $6.50 and keeps a Hold rating on the shares. The firm adjusted targets in the IT services group as a part of a Q1 preview. The firm expects “broadly uneventful” quarters and maintains neutral views across most of the services sector.
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Read More on DAVA:
- Endava Posts Interim Loss as Revenue Declines in First Half of FY2026
- Endava price target lowered to $6.50 from $8 at TD Cowen
- Endava price target lowered to $9 from $10 at JPMorgan
- Endava: Balancing Modest Growth, Margin Pressure, and AI Investment Justifies Hold Rating
- Endava Earnings Call: AI Push Amid Margin Squeeze
