UBS analyst Leonardo Olmos lowered the firm’s price target on Vtex (VTEX) to $8 from $10 and keeps a Buy rating on the shares. Vtex is redoubling its focus on large enterprises and improving margins amid topline softness, the analyst tells investors in a research note.
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Read More on VTEX:
- Vtex price target lowered to $7.50 from $11.50 at BofA
- VTEX Earnings Call Highlights Resilience Amid Challenges
- Tesla disbands supercomputer team, Trade Desk Q2 spurs downgrades: Morning Buzz
- Vtex downgraded to Neutral from Outperform at Bradesco BBI
- Vtex downgraded to Neutral from Overweight at JPMorgan
