Benchmark Maintains Buy on System1, Lowers Price Target to $5
Portfolio Pulse from jenniferd'souza@benzinga.com
Benchmark analyst Daniel Kurnos maintains a Buy rating on System1 (NYSE:SST) but has lowered the price target from $9 to $5.
August 11, 2023 | 11:41 am
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NEUTRAL IMPACT
Despite the lowered price target from $9 to $5, Benchmark analyst Daniel Kurnos maintains a Buy rating on System1.
The news is directly related to System1 (NYSE:SST). The lowered price target might indicate a potential downside risk, but the maintained Buy rating suggests that the analyst still sees value in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100