Piper Sandler Downgrades Asana to Underweight, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has downgraded Asana (NYSE:ASAN) from Neutral to Underweight and lowered the price target from $24 to $16.
October 23, 2023 | 9:45 am
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Asana has been downgraded from Neutral to Underweight by Piper Sandler, with a lowered price target from $24 to $16.
The downgrade from Neutral to Underweight and the lowering of the price target by Piper Sandler indicates a negative outlook for Asana. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100