Citigroup Maintains Neutral on Qurate Retail, Raises Price Target to $1.1
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Bazinet has maintained a Neutral rating on Qurate Retail (NASDAQ:QRTEA) and raised the price target from $0.9 to $1.1.
July 24, 2023 | 2:11 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Qurate Retail and raised the price target from $0.9 to $1.1.
The news is directly about Qurate Retail. The Neutral rating indicates that Citigroup does not expect the stock to outperform or underperform the market in the near term. However, the increase in price target could be seen as a positive signal, suggesting that Citigroup believes the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100