Compass Point Downgrades TriplePoint Venture Gwth to Sell, Announces $9.75 Price Target
Portfolio Pulse from richadhand@benzinga.com
Compass Point analyst Casey Alexander has downgraded TriplePoint Venture Gwth (NYSE:TPVG) from Neutral to Sell and set a price target of $9.75.
August 04, 2023 | 12:52 pm
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NEGATIVE IMPACT
TriplePoint Venture Gwth has been downgraded from Neutral to Sell by Compass Point, with a price target of $9.75.
The downgrade from Neutral to Sell by Compass Point indicates a negative outlook for TriplePoint Venture Gwth. The price target of $9.75 also suggests that the analyst believes the stock is currently overvalued. This could lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100