Citigroup Maintains Neutral on Hello Gr, Lowers Price Target to $5.7
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Hillman Chan maintains a Neutral rating on Hello Gr (NASDAQ:MOMO) but lowers the price target from $6.4 to $5.7.
May 29, 2024 | 2:18 pm
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Citigroup analyst Hillman Chan maintains a Neutral rating on Hello Gr (NASDAQ:MOMO) and lowers the price target from $6.4 to $5.7.
The lowered price target from $6.4 to $5.7 by Citigroup suggests a less optimistic outlook for Hello Gr, which could negatively impact investor sentiment and the stock price in the short term.
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