Citi Downgrades Endava Stock on Revised Revenue Projections
Friday, 1 March 2024, 08:48
Citi Downgrades Endava Stock
In a recent development, Citi has decided to downgrade the stock of Endava, a move that has sent ripples through the financial market.
Revised Revenue Forecast Causes Concern
The downgrade comes in the wake of a revised revenue forecast by the company, prompting analysts to reassess their outlook on Endava's performance.
Investors are now closely monitoring the situation to gauge the implications of Citi's decision on the stock's future trajectory.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.