Piper Sandler Upgrades Asana to Neutral, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has upgraded Asana (NYSE:ASAN) from Underweight to Neutral and lowered the price target from $18 to $16.
May 31, 2024 | 9:31 am
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NEUTRAL IMPACT
Piper Sandler has upgraded Asana from Underweight to Neutral, but also lowered the price target from $18 to $16. This mixed signal may lead to a neutral or slightly negative short-term impact on the stock price.
The upgrade from Underweight to Neutral suggests a less negative outlook, but the lowered price target indicates reduced expectations for future performance. These mixed signals are likely to result in a neutral or slightly negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100