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Citi on Vertex Inc. (VERX) 5% Decline: 'Overdone Technical Pressure on Share Block Sale', 'We believe the pressure is technical in nature'

June 10, 2025 2:57 PM EDT

Citi analyst Steven Enders reiterated a Neutral rating and $39.00 price target on Vertex Inc. (NASDAQ: VERX).

The analyst comments "Shares of VERX appeared pressured today (-6% intraday) on filing of a 3M block sale yesterday AMC at $39/share (~4% discount to... More