JP Morgan Upgrades Grab Hldgs to Neutral, Announces $3.1 Price Target
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Ranjan Sharma upgrades Grab Holdings (NASDAQ:GRAB) from Underweight to Neutral and announces a $3.1 price target.
June 22, 2023 | 8:22 am
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JP Morgan upgrades Grab Holdings to Neutral from Underweight and sets a $3.1 price target.
The upgrade from Underweight to Neutral by JP Morgan analyst Ranjan Sharma indicates a more positive outlook on Grab Holdings. The announcement of a $3.1 price target suggests potential upside for the stock, which could lead to a short-term increase in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100