Citigroup Maintains Neutral on Bandwidth, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a Neutral rating on Bandwidth (NASDAQ:BAND) and raises the price target from $14 to $16.
July 28, 2023 | 1:23 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Bandwidth and raises the price target from $14 to $16.
The news is directly related to Bandwidth. The raised price target indicates a positive outlook, but the neutral rating suggests that the stock is fairly valued at its current price. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100