DA Davidson analyst Gil Luria lowered the firm’s price target on Vertex (VERX) to $23 from $29 and keeps a Neutral rating on the shares. The company reported results in-line with its preliminary announcement though reduced its FY25 outlook as one-time in nature events created new headwinds to the business, the analyst tells investors in a research note.
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Read More on VERX:
- Vertex price target lowered to $24 from $30 at BMO Capital
- Vertex price target lowered to $23 from $28 at Stifel
- Vertex price target lowered to $24 from $34 at BofA
- Vertex Hold Rating: Temporary Setbacks and Strategic Opportunities Amid Financial Challenges
- Vertex price target lowered to $37 from $50 at Citizens JMP
