Maxim Group Maintains Buy on Beyond, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Maxim Group analyst Tom Forte maintains a Buy rating on Beyond (NYSE:BYON) but lowers the price target from $50 to $36.
May 08, 2024 | 2:14 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Maxim Group analyst Tom Forte maintains a Buy rating on Beyond but lowers the price target from $50 to $36.
The reduction in price target by Maxim Group, while maintaining a Buy rating, suggests a positive outlook on Beyond's fundamentals but with adjusted expectations. This could lead to mixed short-term reactions in the market as investors recalibrate their valuation models based on the new price target.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100