HSBC Maintains Reduce on Asana, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Stephen Bersey has maintained a Reduce rating on Asana (NYSE:ASAN) and lowered the price target from $18 to $16.
March 12, 2024 | 12:07 pm
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HSBC analyst Stephen Bersey maintains a Reduce rating on Asana and lowers the price target from $18 to $16.
The reduction in price target by HSBC, a major financial institution, suggests a bearish outlook on Asana's stock. This could lead to a negative perception among investors, potentially causing a short-term decrease in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100