Citigroup Maintains Neutral on HashiCorp, Maintains $28 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Fatima Boolani has maintained a Neutral rating on HashiCorp (NASDAQ:HCP) and kept the price target at $28.
September 19, 2023 | 1:32 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on HashiCorp, indicating no significant changes in the company's outlook.
The Neutral rating from Citigroup suggests that the analyst does not see any major changes in the company's outlook. This could mean that the stock price is expected to move in line with the market or remain stable. The maintained price target of $28 also indicates that the analyst believes the stock is fairly valued at its current price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100