Deutsche Bank Downgrades NeoGames to Hold, Announces $29.5 Price Target
Portfolio Pulse from richadhand@benzinga.com
Deutsche Bank analyst Steven Pizzella has downgraded NeoGames (NASDAQ:NGMS) from Buy to Hold and set a price target of $29.5.
August 10, 2023 | 9:08 am
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NeoGames has been downgraded from Buy to Hold by Deutsche Bank, with a new price target of $29.5.
The downgrade from Buy to Hold by Deutsche Bank indicates a less optimistic outlook for NeoGames, which could negatively impact investor sentiment and potentially lead to a decrease in the stock's price. The new price target of $29.5 also provides a benchmark that investors may use to evaluate the stock's performance.
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IMPORTANCE 80
RELEVANCE 100