JP Morgan Maintains Neutral on Riskified, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang has maintained a Neutral rating on Riskified (NYSE:RSKD) and reduced the price target from $6 to $5.
November 16, 2023 | 3:08 pm
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NEGATIVE IMPACT
JP Morgan analyst Tien-Tsin Huang maintains a Neutral stance on Riskified but lowers the price target from $6 to $5.
The reduction in price target by a major analyst like JP Morgan could lead to a negative perception among investors, potentially causing a short-term decline in Riskified's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100