RBC Capital Reiterates Underperform on Asana, Maintains $10 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Rishi Jaluria reiterates an Underperform rating on Asana (NYSE:ASAN) and maintains a $10 price target.

March 12, 2024 | 2:47 pm
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RBC Capital maintains an Underperform rating on Asana with a $10 price target.
The reiteration of the Underperform rating by a prominent analyst suggests a negative outlook on Asana's stock performance in the short term. The maintained price target of $10, presumably below the current trading price, indicates an expectation of a downward movement in Asana's stock price. This analysis is based on the analyst's expertise and the specific mention of Asana, making it highly relevant and important for investors holding or considering ASAN.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100