Alliance Global Partners Downgrades Upexi to Neutral, Lowers Price Target to $1.25
Portfolio Pulse from Benzinga Newsdesk
Alliance Global Partners analyst Aaron Grey downgraded Upexi (NASDAQ:UPXI) from Buy to Neutral and reduced the price target from $3 to $1.25.
February 15, 2024 | 6:10 pm
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Upexi was downgraded from Buy to Neutral by Alliance Global Partners, with a significant reduction in price target from $3 to $1.25.
The downgrade from Buy to Neutral and the substantial decrease in price target from $3 to $1.25 by a reputable analyst firm like Alliance Global Partners could lead to a negative short-term impact on Upexi's stock price. This is because such analyst actions often influence investor sentiment and can result in decreased stock demand.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100