P10 price target lowered to $15 from $16 at Barclays

Barclays lowered the firm’s price target on P10 (PX) to $15 from $16 and keeps an Overweight rating on the shares post the Q4 report. The company’s earnings beat by 15%, driven by lower costs and better margins, the analyst tells investors in a research note. The firm says P10 also considering a change in tax reporting, which could possibly have adverse impacts on the shares.