Bill.com Holdings Inc. (BILL) PT Raised to $85 at Citi

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Go back to Bill.com Holdings Inc. (BILL) PT Raised to $85 at Citi

Wells Fargo downgrades Bill.com (BILL) on 'growing list of risks'

January 23, 2024 9:54 AM EST

Wells Fargo downgraded Bill.com Holdings, Inc. (NYSE: BILL) to an Equal-Weight rating (From Overweight) and cut their 12-month price target on the companys stock to $75.00 (From $80.00) as analysts believe the company faces a growing list of risks.

BILL is facing increased uncertainties on both micro and macro levels after its 1Q results. These uncertainties stem from various issues: suppliers becoming... More