Where Grab Hldgs Stands With Analysts
Portfolio Pulse from Benzinga Insights
Analysts have varied opinions on Grab Holdings (NASDAQ:GRAB), with recent ratings showing a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $5.25, reflecting a 22.09% rise from the previous target. Key analysts from Barclays, Benchmark, and HSBC have maintained or raised their ratings, indicating positive expectations for the company's performance.
May 22, 2024 | 4:01 pm
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Analysts have shown a mix of bullish and somewhat bullish sentiments on Grab Holdings, with an average 12-month price target increase to $5.25. Key analysts from Barclays, Benchmark, and HSBC have maintained or raised their ratings, indicating positive expectations for the company's performance.
The increase in the average 12-month price target to $5.25, along with key analysts maintaining or raising their ratings, suggests a positive short-term outlook for Grab Holdings. The bullish and somewhat bullish sentiments indicate that analysts expect the company's stock to perform well.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100