DA Davidson Initiates Coverage On Riskified with Neutral Rating, Announces Price Target of $5
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gil Luria initiates coverage on Riskified (NYSE:RSKD) with a Neutral rating and a price target of $5.

February 05, 2024 | 1:16 pm
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NEUTRAL IMPACT
DA Davidson initiated coverage on Riskified with a Neutral rating and set a price target of $5.
The initiation of coverage by DA Davidson with a Neutral rating and a price target of $5 suggests a balanced view on Riskified's stock. This neutral stance indicates that the analyst sees the stock performing in line with the market or sector, without significant upside or downside in the short term. The setting of a price target provides a benchmark for investors but does not imply a strong bullish or bearish stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90