Cantor Fitzgerald Maintains Overweight on Rubicon Technologies, Lowers Price Target to $1.6
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Brett Knoblauch has maintained an Overweight rating on Rubicon Technologies (NYSE:RBT) but lowered the price target from $4 to $1.6.

March 08, 2024 | 7:17 pm
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Cantor Fitzgerald has maintained an Overweight rating on Rubicon Technologies but reduced the price target from $4 to $1.6.
The reduction in price target by Cantor Fitzgerald, despite maintaining an Overweight rating, could lead to a negative short-term sentiment among investors. This adjustment reflects a significant decrease in the expected stock value, which might result in a decrease in stock price in the short term as investors adjust their expectations.
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IMPORTANCE 90
RELEVANCE 100