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Stock impact report

Why Bill.com (BILL) Shares Are Falling Today [Yahoo! Finance]

Bill.com Holdings, Inc. (BILL) 
Last bill.com holdings, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Baird analyst David Koning maintained a 'Neutral' rating on the stock but trimmed the 12-month price target to $52 from a previous $55. A price target represents an analyst's projection of a stock's value in the future. While the 'Neutral' rating suggested the firm did not see a strong reason to either buy or sell the shares, the reduction in the price target indicated a slightly more cautious view on the stock's potential for appreciation over the next year. After the initial drop the shares shed some of the losses and rose to $45.62, down 3.8% from previous close. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Bill.com? Access our full analysis report here, it's free Bill.com's shares are extremely volatile and have had 30 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally Show less Read more
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