Citi analyst Ashwin Shirvaikar raised the firm’s price target on Endava to $90 from $70 and keeps a Buy rating on the shares. The analyst remains cautious about enterprise IT spending for early 2024 but believes a modest spending recovery is likely as the year progresses. The target change is part of the firm’s IT services 2024 preview.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on DAVA: