UBS Maintains Neutral on Angi, Raises Price Target to $2.6
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Kunal Madhukar has maintained a Neutral rating on Angi (NASDAQ:ANGI) and increased the price target from $2.2 to $2.6.
January 16, 2024 | 4:39 pm
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POSITIVE IMPACT
UBS has maintained a Neutral rating on Angi but raised the price target from $2.2 to $2.6, indicating a potential upside based on the analyst's valuation.
The increase in price target by UBS suggests a positive reassessment of Angi's valuation, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100