Citigroup Maintains Buy on Grab Hldgs, Raises Price Target to $5.2
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Alicia Yap has maintained a 'Buy' rating on Grab Holdings (NASDAQ:GRAB) and raised the price target from $4.8 to $5.2.
August 24, 2023 | 12:13 pm
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Citigroup's raised price target for Grab Holdings indicates a positive outlook for the company's stock.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, Citigroup's decision to maintain a 'Buy' rating and raise the price target for Grab Holdings suggests they believe the company's stock will perform well in the short term.
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