Baird Maintains Neutral on Beachbody Co, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Baird has maintained a Neutral rating on Beachbody Co (NYSE:BODI) and reduced its price target from $12 to $10.
May 07, 2024 | 10:43 am
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NEGATIVE IMPACT
Baird maintains a Neutral rating on Beachbody Co and lowers the price target from $12 to $10.
The reduction in price target by Baird could lead to a negative perception among investors, potentially causing a short-term decrease in BODI's stock price. The Neutral rating suggests no significant positive catalysts in the near term to counterbalance the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100