Friday, 23 February 2024

Business News

I3 Verticals Adds a New Corporate Activity and Growth Risk – TipRanks Financial Blog

Jabil price target raised to $155 from $145 at BofA – TipRanks Financial Blog

I3 Verticals (IIIV) has disclosed a new risk, in the Corporate Activity and Growth category.

I3 Verticals faces significant uncertainty as it investigates the sale of assets tied to its Merchant Services division. The exploration may not result in a sale, and if it does, the benefits to shareholders are not guaranteed. Market volatility can be expected as investors react to potential changes, and the company’s operations could suffer from distractions and resource reallocation. Moreover, the outcome is contingent on various external factors, leaving I3 Verticals exposed to risks that could adversely affect its business and financial results.

The average IIIV stock price target is $25.60, implying 37.78% upside potential.

To learn more about I3 Verticals’ risk factors, click here.

Click Here to Read the Full Original Article at TipRanks Financial Blog…