Citigroup Maintains Buy on BARK, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ygal Arounian maintains a Buy rating on BARK (NYSE:BARK) but lowers the price target from $2.2 to $1.5.
June 05, 2023 | 10:20 am
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Citigroup analyst Ygal Arounian maintains a Buy rating on BARK, but lowers the price target from $2.2 to $1.5.
The news of Citigroup maintaining a Buy rating on BARK is positive for the stock. However, the lowering of the price target from $2.2 to $1.5 may create uncertainty among investors, potentially offsetting the positive sentiment. As a result, the short-term impact on BARK's stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100