Keybanc Maintains Overweight on Angi, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Justin Patterson has maintained an Overweight rating on Angi (NASDAQ:ANGI) but has lowered the price target from $4 to $3.
May 03, 2024 | 5:39 pm
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NEUTRAL IMPACT
Keybanc maintains an Overweight rating on Angi but lowers the price target from $4 to $3.
The adjustment in price target by Keybanc reflects a revised valuation expectation for Angi, though the Overweight rating indicates continued confidence in the company's fundamentals. This mixed signal could lead to short-term price stability as investors digest the implications of a lower price target against a backdrop of ongoing analyst confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100