Wedbush Maintains Neutral on Farfetch, Lowers Price Target to $3.5
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Tom Nikic has maintained a Neutral rating on Farfetch (NYSE:FTCH) and lowered the price target from $5 to $3.5.
August 18, 2023 | 12:54 pm
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NEGATIVE IMPACT
Wedbush has maintained a Neutral rating on Farfetch and lowered the price target from $5 to $3.5.
The lowering of the price target by Wedbush indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Farfetch's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100