The dire forecast prompted six Wall Street analysts to cut their price targets with Pivotal Research reducing its own target by $30 to $215. Pivotal analyst Michael Levine, who downgraded the stock to “hold”, said he expected cautious commentary around the first quarter of 2020 and a better result for the fourth quarter. Chief Financial Officer David Wehner said that the pace of expansion will slow further in the first quarter of 2020. …read more
Source:: Yahoo Finance
