Roth MKM Maintains Buy on Gogo, Lowers Price Target to $19.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Scott Searle maintains a 'Buy' rating on Gogo (NASDAQ:GOGO) but lowers the price target from $22.5 to $19.5.
August 08, 2023 | 4:21 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Despite the lowered price target, Roth MKM maintains a 'Buy' rating on Gogo, indicating continued confidence in the company's prospects.
The lowered price target might initially cause some negative sentiment among investors. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company, which could balance out the initial negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100