Compass Point Downgrades AFC Gamma to Sell, Announces $10 Price Target
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Merrill Ross has downgraded AFC Gamma (NASDAQ:AFCG) from Neutral to Sell and set a price target of $10.
May 28, 2024 | 10:59 am
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Compass Point analyst Merrill Ross downgraded AFC Gamma from Neutral to Sell and set a price target of $10.
The downgrade from Neutral to Sell and the announcement of a $10 price target by Compass Point is likely to negatively impact AFC Gamma's stock price in the short term as it reflects a bearish outlook from a reputable analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100