Wedbush Maintains Neutral on Pagaya Techs, Lowers Price Target to $11.5
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini has maintained a Neutral rating on Pagaya Technologies (NASDAQ:PGY) and lowered the price target from $18 to $11.5.
March 15, 2024 | 1:39 pm
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NEGATIVE IMPACT
Wedbush has maintained a Neutral rating on Pagaya Technologies but lowered the price target from $18 to $11.5.
The reduction in price target by a significant margin suggests a less optimistic outlook on the company's future performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100