TD Cowen lowered the firm’s price target on Grid Dynamics (GDYN) to $11 from $12 and keeps a Buy rating on the shares. The firm said Q4 held no surprises but Q1 Bill Day dynamics are weighing on the shares.
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Read More on GDYN:
- AI-Led Growth and Outcome-Based Models Underpin Buy Rating on Grid Dynamics Despite Near-Term Seasonal Softness
- Grid Dynamics reports Q4 EPS 10c, consensus 9c
- Grid Dynamics sees Q1 revenue $103M-$104M, consensus $106.6M
- Grid Dynamics sees FY25 revenue $435M-$465M consensus $451.1M
- Grid Dynamics Holdings, Inc. (GDYN) Q4 Earnings Cheat Sheet
