Citigroup Maintains Buy on Angi, Lowers Price Target to $3.1
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Peter Saleh has maintained a 'Buy' rating on Angi (NASDAQ:ANGI) but lowered the price target from $3.8 to $3.1.
August 10, 2023 | 12:01 pm
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NEUTRAL IMPACT
Citigroup has maintained a 'Buy' rating on Angi but lowered the price target from $3.8 to $3.1.
While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential decrease in the expected return for investors. However, the impact on the stock price is uncertain as the 'Buy' rating still indicates a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Citigroup analyst Peter Saleh has maintained a 'Buy' rating on Angi but lowered the price target.
As the issuer of the rating and price target, this news is relevant to Citigroup. However, it's unlikely to have a significant impact on Citigroup's stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50