Citigroup Maintains Buy on Sonder Holdings, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ronald Josey maintains a Buy rating on Sonder Holdings (NASDAQ:SOND) but lowers the price target from $2 to $1.5.
July 17, 2023 | 10:04 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Citigroup analyst maintains a Buy rating on Sonder Holdings but lowers the price target.
The news is related to Citigroup as it's their analyst who has given the rating. However, it's unlikely to have a significant impact on Citigroup's stock as it's part of their regular operations.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Citigroup maintains a Buy rating on Sonder Holdings but lowers the price target from $2 to $1.5.
The news is directly related to Sonder Holdings. While the maintained Buy rating is positive, the lowered price target might have a negative impact. However, the overall impact is neutral as the lowered price target might already be priced in.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100