Roth MKM Maintains Buy on Mondee Hldgs, Lowers Price Target to $4.1
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Darren Aftahi has maintained a Buy rating on Mondee Holdings (MOND) but has lowered the price target from $5.5 to $4.1.

March 15, 2024 | 2:07 pm
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NEUTRAL IMPACT
Roth MKM maintains a Buy rating on Mondee Holdings but lowers the price target from $5.5 to $4.1.
While the maintenance of a Buy rating by Roth MKM indicates continued confidence in Mondee Holdings' potential, the reduction in the price target could signal a reassessment of the company's short-term growth prospects or market conditions. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the positive endorsement against the lowered expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100