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JP Morgan Lowers Price Target for Endava (DAVA) to $9, Maintains Neutral Rating | DAVA Stock News
JP Morgan has lowered its price target for Endava (DAVA) from $10 to $9, while maintaining a Neutral rating. This adjustment reflects a cautious stance amidst a series of recent price target reductions from other firms like Needham and Guggenheim, though Wall Street analysts still forecast a significant upside for DAVA. The company, an IT services provider focused on digital transformation, currently trades at $5.01, with an average target price of $10.30 predicting a 105.50% upside.