JP Morgan Maintains Neutral on GoodRx Holdings, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth has maintained a Neutral rating on GoodRx Holdings (NASDAQ:GDRX) but has lowered the price target from $7 to $6.
November 17, 2023 | 3:50 pm
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NEGATIVE IMPACT
JP Morgan's analyst Doug Anmuth has maintained a Neutral rating on GoodRx Holdings but reduced the price target from $7 to $6.
The reduction in price target by JP Morgan is likely to be viewed negatively by the market, potentially leading to a short-term decline in GoodRx Holdings' stock price. The Neutral rating suggests no significant change in the company's outlook, but the lower price target indicates a reduced valuation by the analyst.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100