Northland Capital Markets Maintains Outperform on Mondee Hldgs, Lowers Price Target to $4.5
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets analyst Mike Grondahl maintains an Outperform rating on Mondee Hldgs (MOND) but lowers the price target from $6.5 to $4.5.

March 15, 2024 | 5:18 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Northland Capital Markets maintains an Outperform rating on Mondee Hldgs but lowers the price target from $6.5 to $4.5.
While the maintenance of an Outperform rating indicates continued analyst confidence in Mondee Hldgs, the reduction in the price target could signal a tempered expectation for the stock's short-term growth potential. This mixed signal might lead to neutral short-term price movement as investors digest the implications of a lower price target against the backdrop of sustained analyst support.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100