Citigroup Maintains Buy on Workiva, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Steven Enders maintains a Buy rating on Workiva (NYSE:WK) but lowers the price target from $110 to $95.
April 23, 2024 | 4:29 pm
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Citigroup maintains a Buy rating on Workiva but lowers the price target from $110 to $95.
While the reduction in price target could suggest a tempered outlook on Workiva's short-term price potential, the maintenance of a Buy rating indicates a continued positive view on the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the sustained Buy recommendation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100