Benchmark Maintains Buy on Grab Hldgs, Raises Price Target to $6
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Fawne Jiang maintains a Buy rating on Grab Holdings (NASDAQ:GRAB) and raises the price target from $4 to $6.
August 24, 2023 | 12:49 pm
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POSITIVE IMPACT
Grab Holdings' price target has been raised from $4 to $6 by Benchmark analyst Fawne Jiang, who maintains a Buy rating on the stock.
The news of a raised price target and maintained Buy rating by a Benchmark analyst is likely to have a positive impact on Grab Holdings' stock in the short term. Investors may see this as a sign of confidence in the company's future performance, potentially driving up demand for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100