Citizens JMP lowered the firm’s price target on Vertex (VERX) to $37 from $50 and keeps an Outperform rating on the shares. Vertex reported mixed Q3 results and “disappointing” guidance as the company again lowered its full year outlook, the analyst tells investors in a research note.
Claim 55% 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 Reports Strong Q3 2025 Results and Stock Buyback
- Vertex’s Long-Term Growth Potential: Buy Rating Affirmed Despite Short-Term Challenges
- Vertex price target lowered to $28 from $35 at Jefferies
- Midday Fly By: AWS in deal with OpenAI, Kimberly-Clark to buy Kenvue
- Morning Movers: Kenvue surges, Kimberly-Clark sinks after tie up
