Piper Sandler Maintains Overweight on Rent the Runway, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Edward Yruma has maintained an Overweight rating on Rent the Runway (NASDAQ:RENT) but lowered the price target from $6 to $4.
September 11, 2023 | 1:48 pm
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NEGATIVE IMPACT
Piper Sandler has maintained an Overweight rating on Rent the Runway but lowered the price target from $6 to $4.
The lowering of the price target by Piper Sandler from $6 to $4 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100