Piper Sandler Reiterates Underweight on Asana, Maintains $18 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has reiterated an Underweight rating on Asana (NYSE:ASAN) and maintained a price target of $18.
March 12, 2024 | 8:49 am
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Piper Sandler analyst Brent Bracelin reiterated an Underweight rating on Asana, with a maintained price target of $18.
The reiteration of an Underweight rating by a prominent analyst could lead to negative sentiment among investors, potentially impacting Asana's stock price in the short term. The maintained price target of $18 suggests that the analyst sees limited upside potential for the stock, further contributing to a bearish outlook.
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