Citigroup Maintains Neutral on Nextdoor Holdings, Raises Price Target to $3.3
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ronald Josey has maintained a Neutral rating on Nextdoor Holdings (NYSE:KIND) and raised the price target from $2.55 to $3.3.
July 17, 2023 | 10:04 am
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Nextdoor Holdings and raised the price target from $2.55 to $3.3.
The news is directly about Nextdoor Holdings (KIND). Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target could be seen as a positive signal, potentially leading to a slight increase in investor confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100