Vertex, Inc. Class A Common Stock

KING OF PRUSSIA, Pa., May 13, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, today announced that CRN®, a brand of The Channel Company, has named Sarah Bourne, Partner Development Manager; Bianca Fleischman, Sr. Marketing Manager; Marion Hurn, Sr. Director GTM Indirect Sales; and Kayla Sanderson, Sr. Marketing Manager, to the Women of the Channel list for 2024. Every year, CRN recognizes the achievements of women from vendor, distributor, and solution provider organizations whose vision and leadership have a beneficial influence on the technology industry.

Related tickers: VERX.

Providing a diverse range of perspectives from bullish to bearish, 12 analysts have published ratings on Vertex (NASDAQ:VERX) in the last three months. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 2 5 0 0 Last 30D 1 0 0 0 0 1M Ago 1 1 2 0 0 2M Ago 0 0 0 0 0 3M Ago 3 1 3 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $39.42, a high estimate of $45.00, and a low estimate of $32.00. This current average has increased by 24.04% from the previous average price target of $31.78. Interpreting Analyst Ratings: A Closer Look The perception of Vertex by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Joshua Reilly Needham Maintains Buy $45.00 - Joshua Reilly Needham Maintains Buy $45.00 - Steven Enders Citigroup Lowers Neutral $32.00 $34.00 Patrick Walravens JMP Securities Maintains Market Outperform $42.00 - Brad Sills B of A Securities Lowers Neutral $34.00 $40.00 Adam Hotchkiss Goldman Sachs Raises Buy $39.00 $33.00 Joe Goodwin JMP Securities Raises Market Outperform $42.00 $31.00 Brad Sills B of A Securities Raises Neutral $40.00 $23.00 Adam Hotchkiss Goldman Sachs Raises Buy $39.00 $33.00 Daniel Jester BMO Capital Raises Market Perform $35.00 $30.00 Joshua Reilly Needham Raises Buy $45.00 $35.00 Samad Samana Jefferies Raises Hold $35.00 $27.00 Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' ...Full story available on Benzinga.com

Related tickers: VERX.