BWS Financial Downgrades Netgear to Neutral, Announces $13 Price Target
Portfolio Pulse from Benzinga Newsdesk
BWS Financial analyst Hamed Khorsand downgraded Netgear (NASDAQ:NTGR) from Buy to Neutral and set a price target of $13.
May 02, 2024 | 6:38 pm
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Netgear was downgraded from Buy to Neutral by BWS Financial, with a new price target of $13.
The downgrade from Buy to Neutral by a financial analyst can lead to a negative perception among investors, potentially causing a short-term decrease in stock price. The setting of a $13 price target, depending on the current stock price, may also influence investor expectations and stock performance.
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