Cantor Fitzgerald Maintains Overweight on Rubicon Technologies, Lowers Price Target to $0.6
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Brett Knoblauch maintains an Overweight rating on Rubicon Technologies (NYSE:RBT) but lowers the price target from $1.6 to $0.6.
May 21, 2024 | 12:09 pm
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Cantor Fitzgerald analyst Brett Knoblauch maintains an Overweight rating on Rubicon Technologies but lowers the price target from $1.6 to $0.6.
The lowered price target from $1.6 to $0.6 suggests a significant reduction in expected stock performance, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100