Credit Suisse Maintains Outperform on Angi, Lowers Price Target to $6
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Stephen Ju has maintained an 'Outperform' rating on Angi (NASDAQ:ANGI) but lowered the price target from $7 to $6.
August 10, 2023 | 12:48 pm
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NEUTRAL IMPACT
Credit Suisse has maintained an 'Outperform' rating on Angi but lowered the price target from $7 to $6.
While the 'Outperform' rating suggests that Credit Suisse expects Angi to outperform the market, the lowering of the price target could indicate a tempered expectation of the stock's future performance. This could potentially lead to short-term uncertainty among investors, but the overall impact is neutral as the rating remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100