Roth MKM Maintains Buy on Fathom Holdings, Lowers Price Target to $3.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Darren Aftahi has maintained a Buy rating on Fathom Holdings (NASDAQ:FTHM) but has lowered the price target from $4.5 to $3.5.
May 10, 2024 | 2:25 pm
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NEUTRAL IMPACT
Roth MKM maintains a Buy rating on Fathom Holdings but lowers the price target from $4.5 to $3.5, indicating a positive outlook with a revised valuation.
The maintenance of a Buy rating by Roth MKM suggests a continued positive outlook on Fathom Holdings, despite the reduction in price target. This adjustment in price target reflects a revised valuation but does not alter the analyst's bullish stance on the company. The direct mention and specific action taken by the analyst (price target adjustment) make this news highly relevant and important for investors, indicating potential short-term price stability or slight positive momentum as the market absorbs the new target.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100