Jefferies Maintains Buy on Autohome, Lowers Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Thomas Chong maintains a Buy rating on Autohome (NYSE:ATHM) but lowers the price target from $48 to $46.
July 17, 2023 | 3:22 pm
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Jefferies analyst maintains a Buy rating on Autohome but lowers the price target from $48 to $46.
The news is directly about Autohome and its price target being lowered by Jefferies. This could potentially impact the stock's price in the short term as it indicates a slight decrease in the expected value of the stock. However, the maintained Buy rating suggests that the analyst still sees potential in the stock, which could balance out the impact of the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100