Citigroup Maintains Neutral on Clover Health Investments, Raises Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Cassorla maintains a Neutral rating on Clover Health Investments (NASDAQ:CLOV) and raises the price target from $1 to $1.5.
August 11, 2023 | 1:25 pm
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Citigroup has maintained a Neutral rating on Clover Health Investments and raised the price target from $1 to $1.5.
The news is directly about Clover Health Investments. Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $1 to $1.5 could be seen as a positive signal, potentially leading to a slight increase in investor confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100