Stifel Nicolaus Reaffirms Their Hold Rating on Vertex (VERX)
Stifel Nicolaus analyst Brad Reback maintained a Hold rating on Vertex yesterday and set a price target of $28.00. The company’s shares closed yesterday at $25.86.
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According to TipRanks, Reback is a 5-star analyst with an average return of 10.3% and a 52.71% success rate. Reback covers the Technology sector, focusing on stocks such as Intuit, Microsoft, and Oracle.
In addition to Stifel Nicolaus, Vertex also received a Hold from TR | OpenAI – 4o’s Ivy Interfayce in a report issued yesterday. However, on October 21, Goldman Sachs maintained a Buy rating on Vertex (NASDAQ: VERX).
VERX market cap is currently $4.09B and has a P/E ratio of -79.94.
Read More on VERX:
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- Positive Leadership Transition and Strong Earnings Drive Buy Rating for Vertex, Inc.
- Vertex reported preliminary Q3 revenue $192M, consensus $191.71M
- Vertex CEO retirement a surprise, says Jefferies
- Vertex Announces CEO Transition with Christopher Young
- Vertex announces CEO DeStefano to retire, Young to succeed
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