Canaccord downgraded Sage Group to Sell from Hold with an unchanged price target of 970 GBp. The share price reaction to an essentially in-line set of fiscal 2023 results and 2024 guidance earlier this week presents a compelling “take profit” opportunity, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on SGPYY:
- Sage Group upgraded to Buy from Neutral at Bryan Garnier
- Sage Group price target raised to 1,310 GBp from 1,160 GBp at Jefferies
- Canadian SMBs most likely to struggle with understanding ESG reporting standards
- U.S. SMEs struggle with sustainability more than global peers, find reporting standards complex and costly
- Sage Group announces series of updates for Sage Intacct in Canada