Citigroup Downgrades SIGNA Sports United to Sell, Lowers Price Target to $1.9
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Ygal Arounian has downgraded SIGNA Sports United (NYSE:SSU) from Neutral to Sell and lowered the price target from $3.9 to $1.9.
July 10, 2023 | 2:29 pm
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Citigroup has downgraded SIGNA Sports United and lowered its price target, which could negatively impact the stock's price.
Analyst ratings and price targets can significantly influence a stock's price. A downgrade from Neutral to Sell and a lower price target suggest that the analyst sees less potential for the stock, which could lead to selling pressure and a decrease in the stock's price.
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