Vertex receives "buy" rating from Needham & Company, with $45 target price, while Bank of America cuts to $34 and Citigroup to $32 with neutral ratings.
Vertex (NASDAQ: VERX) has received a "buy" rating reiteration by Needham & Company LLC, with a target price of $45.00, representing a potential upside of 27.51%. However, Bank of America has cut their price objective from $40.00 to $34.00 and set a "neutral" rating, while Citigroup lowered their price target from $34.00 to $32.00 with a "neutral" rating. Despite these mixed views, Vertex hit a new 52-week high of $35.53 on Wednesday.
June 14, 2024
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