Benchmark Maintains Buy on Leafly Holdings, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Daniel Kurnos maintains a Buy rating on Leafly Holdings (NASDAQ:LFLY) but lowers the price target from $11 to $6.

April 01, 2024 | 1:32 pm
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Benchmark analyst Daniel Kurnos maintains a Buy rating on Leafly Holdings but lowers the price target from $11 to $6.
While the maintenance of a Buy rating indicates continued confidence in Leafly Holdings' potential, the reduction in the price target could suggest a reassessment of the company's near-term growth prospects or market conditions. This mixed signal might lead to short-term uncertainty among investors, potentially stabilizing the stock price as the market digests the news.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100