Baird analyst Joe Vruwink downgraded Q2 Holdings to Neutral from Outperform with an unchanged price target of $32. The analyst sees a more balanced risk/reward at current levels with the shares outperforming year-to-date. Banks continue to scrutinize tech spending, the analyst tells investors in a research note.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on QTWO:
