Jefferies kept its Buy rating and $48 target, signaling a favorable view. Both stayed unchanged, and the story reports no new company results, so this is support from an ongoing opinion rather than a new business change.
That keeps a favorable outside view in place, based on the analyst's assessment of Excelerate's financial and operating prospects. The story reports no new results or change in the firm's view, so the support comes from a continuing opinion.
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