Citigroup Maintains Buy on TaskUs, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ryan Potter maintains a Buy rating on TaskUs (NASDAQ:TASK) but lowers the price target from $16 to $14.

April 22, 2024 | 4:04 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Citigroup maintains a Buy rating on TaskUs but lowers the price target from $16 to $14.
The reduction in price target by Citigroup, despite maintaining a Buy rating, suggests a recalibration of expectations rather than a fundamental shift in the company's outlook. This could lead to mixed reactions in the short term, as investors weigh the positive endorsement against the lowered price expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100