Keybanc Maintains Overweight on Eventbrite, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Justin Patterson maintains an Overweight rating on Eventbrite (NYSE:EB) but lowers the price target from $13 to $6.
April 30, 2024 | 12:23 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Eventbrite's price target was lowered from $13 to $6 by Keybanc, although the Overweight rating was maintained.
The reduction in price target by Keybanc, despite maintaining an Overweight rating, suggests a reassessment of Eventbrite's short-term growth prospects or market conditions. This could lead to negative investor sentiment in the short term, potentially impacting the stock price negatively.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100