Jefferies downgraded Vertex (VERX) to Hold from Buy with a price target of $16, down from $28.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VERX:
- Vertex: Near‑Term Headwinds but Strengthening AI-Enabled Tax Platform Sets Up 2026 Growth Reacceleration and Attractive Entry Point
- Vertex price target lowered to $16 from $23 at Stifel
- Vertex: Compressed Valuation, Scaling FCF, and SAP-Driven ARR Catalysts Support Buy Rating
- Vertex reports Q4 EPS 17c, consensus 16c
- Vertex sees Q1 revenue $193.5M-$196.5M, consensus $195.07M