Piper Sandler Maintains Overweight on Riskified, Lowers Price Target to $7
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Riskified (NYSE:RSKD) but lowered the price target from $8 to $7.
August 16, 2023 | 8:05 am
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Riskified's price target has been lowered from $8 to $7 by Piper Sandler, though the Overweight rating is maintained.
The lowering of the price target by Piper Sandler indicates a potential decrease in the short-term value of Riskified's stock. However, the maintained Overweight rating suggests that the stock is still expected to outperform.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100