B of A Securities Initiates Coverage On Asana with Buy Rating, Announces Price Target of $25
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Michael Funk initiates coverage on Asana (NYSE:ASAN) with a Buy rating and a price target of $25.

February 26, 2024 | 1:00 pm
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B of A Securities has initiated coverage on Asana with a Buy rating and set a price target of $25.
The initiation of coverage by a major financial institution like B of A Securities with a Buy rating and a specific price target usually indicates a positive outlook on the stock. This can lead to increased investor interest and potentially drive the stock price up in the short term, especially if the market perceives the analysis as well-founded.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100