Stephens lowered the firm’s price target on Simulations Plus (SLP) to $20 from $28 and keeps an Overweight rating on the shares. Simulations Plus reported slightly better than expected quarterly results, though adjusted EBITDA guidance was slightly lower than the firm modeled, the analyst says. The fourth quarter outlook represents conservatism rather than a further slide in fundamentals, and Stephens sees limited downside from here.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLP:
- Simulations Plus: Strong Financial Performance and Growth Potential Justify Buy Rating
- Simulations Plus: Strong Q3 Performance and Strategic Positioning Justify Buy Rating Despite Challenges
- Simulations Plus downgraded to Sector Weight from Overweight at KeyBanc
- Simulations Plus Reports Q3 2025 Financial Results
- Closing Bell Movers: Trade Desk jumps 14% on S&P500 inclusion