Canaccord Genuity Reiterates Buy on Pagaya Techs, Maintains $42 Price Target
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Joseph Vafi reiterates a Buy rating on Pagaya Technologies (NASDAQ:PGY) and maintains a $42 price target.

May 13, 2024 | 3:26 pm
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POSITIVE IMPACT
Canaccord Genuity's reaffirmation of a Buy rating and a $42 price target on Pagaya Technologies could positively influence investor sentiment and potentially support the stock's price in the short term.
Analyst ratings, especially from reputable firms like Canaccord Genuity, can significantly impact investor sentiment and stock prices. The reiteration of a Buy rating and a substantial price target suggests a strong conviction in the company's future performance, which could lead to increased investor interest and potentially drive up the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100