Vertex upgraded to Neutral from Underperform at BofA

BofA analyst Brad Sills upgraded Vertex to Neutral from Underperform with a price target of $20, up from $16, after the company reported "healthy" Q4 results that included strength across all verticals. The firm, which thinks the company’s investments are yielding results, sees a path to mid-to-high teens growth and margins by the end of FY23, the analyst tells investors.