Piper Sandler Maintains Neutral on Expensify, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has maintained a Neutral rating on Expensify (NASDAQ:EXFY) and lowered the price target from $3 to $2.
February 23, 2024 | 10:08 am
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Piper Sandler analyst Brent Bracelin has maintained a Neutral rating on Expensify and lowered the price target from $3 to $2.
The reduction in price target by Piper Sandler suggests a bearish outlook on the stock's short-term price movement. Given the direct impact of analyst ratings and price targets on investor sentiment, this adjustment is likely to negatively influence Expensify's stock price in the short term.
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