Citigroup Maintains Buy on Blade Air Mobility, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Itay Michaeli has maintained a 'Buy' rating on Blade Air Mobility (NASDAQ:BLDE) but lowered the price target from $9 to $8.
August 22, 2023 | 3:04 pm
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Citigroup has maintained a 'Buy' rating on Blade Air Mobility but lowered the price target from $9 to $8.
While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential decrease in the short-term performance of the stock. However, the impact is not necessarily negative as the 'Buy' rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100