Citi raised the firm’s price target on Vertex (VERX) to $40 from $39 and keeps a Neutral rating on the shares as part of a Q2 preview for the application software. The firm sees achievable estimates with a relatively low bar heading into earnings.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VERX:
- Vertex announces enhancements for global tax integration ecosystem
- Vertex Elects New Directors at Annual Meeting
- Roku upgraded, Sarepta downgraded: Wall Street’s top analyst calls
- Vertex initiated with an Overweight at Piper Sandler
- Strategic Buy Opportunity in Vertex Amid Non-Fundamental Price Dislocations