UBS Maintains Neutral on WeWork, Lowers Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Alex Kramm has maintained a Neutral rating on WeWork (NYSE:WE) and lowered the price target from $8 to $2.5.
October 10, 2023 | 4:17 pm
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WeWork's price target has been lowered from $8 to $2.5 by UBS analyst Alex Kramm, who maintains a Neutral rating on the company.
The lowering of the price target by a significant margin indicates a less optimistic outlook for WeWork's stock in the short term. This could potentially lead to a decrease in the stock's price as investors adjust their expectations.
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