VeriSign stock sinks to lead S&P 500’s losers after Baird cuts rating, price target

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VeriSign stock sinks to lead S&P 500’s losers after Baird cuts rating, price target
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Shares of VeriSign Inc. dropped 5.4% toward a near three-month low, enough to pace the S&P 500’s decliners, after Baird turned bearish on the domain name...

Shares of VeriSign Inc.

dropped 5.4% toward a near three-month low, enough to pace the S&P 500’s SPX decliners, after Baird turned bearish on the domain name registry services company, citing concerns over domain growth. Analyst Rob Oliver cut his rating to neutral, after being at outperform since December 2022, and lowered his stock price target to $245 from $265.

dropped 5.4% toward a near three-month low, enough to pace the S&P 500’s SPX decliners, after Baird turned bearish on the domain name registry services company, citing concerns over domain growth. Analyst Rob Oliver cut his rating to neutral, after being at outperform since December 2022, and lowered his stock price target to $245 from $265.

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