EF Hutton Maintains Buy on Selina Hospitality, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
EF Hutton analyst Michael Albanese maintains a 'Buy' rating on Selina Hospitality (NASDAQ:SLNA) but has lowered the price target from $6 to $3.

September 29, 2023 | 1:51 pm
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Selina Hospitality's price target has been lowered from $6 to $3 by EF Hutton, although the 'Buy' rating is maintained.
The lowering of the price target by EF Hutton could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company, which could balance out the negative impact.
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IMPORTANCE 80
RELEVANCE 100