UBS Maintains Neutral on Angi, Lowers Price Target to $2.2
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Kunal Madhukar has maintained a Neutral rating on Angi (NASDAQ:ANGI) and reduced the price target from $3 to $2.2.
November 17, 2023 | 3:55 pm
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NEGATIVE IMPACT
UBS analyst Kunal Madhukar maintains a Neutral stance on Angi but lowers the price target from $3 to $2.2, indicating a potential downside compared to the previous target.
The reduction in price target by a prominent analyst like Kunal Madhukar from UBS is likely to influence investors' perception of Angi's stock value, potentially leading to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100