Loop Capital Maintains Hold on New Relic, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Yun Kim maintains a Hold rating on New Relic (NYSE:NEWR) and raises the price target from $70 to $80.
May 24, 2023 | 11:46 am
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Loop Capital analyst Yun Kim maintains a Hold rating on New Relic and raises the price target from $70 to $80.
The news directly mentions New Relic (NEWR) and the price target increase from $70 to $80 by Loop Capital analyst Yun Kim. However, the Hold rating remains unchanged, indicating a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100