Citigroup Maintains Buy on Phreesia, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Daniel Grosslight maintains a Buy rating on Phreesia (NYSE:PHR) but lowers the price target from $40 to $37.
September 07, 2023 | 2:15 pm
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Citigroup maintains a Buy rating on Phreesia but lowers the price target from $40 to $37.
The news is directly related to Phreesia (PHR). While the Buy rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact on the stock price is uncertain as the Buy rating is still maintained.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100