Citigroup Maintains Buy on Futu Hldgs, Lowers Price Target to $75.3
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Judy Zhang has maintained a Buy rating on Futu Holdings (NASDAQ:FUTU) but has lowered the price target from $76.9 to $75.3.
March 15, 2024 | 2:54 pm
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NEUTRAL IMPACT
Citigroup maintains a Buy rating on Futu Holdings but lowers the price target from $76.9 to $75.3.
While the reduction in the price target might suggest a slightly less optimistic outlook on Futu Holdings' stock value, the maintenance of a Buy rating indicates that Citigroup still sees positive potential in the stock. The slight adjustment in the price target could be due to various factors including market conditions, company performance, or sector trends. Investors might see this as a minor adjustment rather than a significant change in the stock's outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100