Jefferies Initiates Coverage On Pagaya Techs with Buy Rating, Announces Price Target of $2.5
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst John Hecht has initiated coverage on Pagaya Technologies (NASDAQ:PGY) with a Buy rating and set a price target of $2.5.

December 14, 2023 | 11:22 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Jefferies has initiated coverage on Pagaya Technologies with a Buy rating and a price target of $2.5.
The initiation of coverage by Jefferies with a Buy rating typically indicates a positive outlook on the stock, suggesting that the analyst sees potential upside. The announcement of a specific price target provides a tangible expectation for the stock's future performance, which can influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100