Macquarie Downgrades Playtika Holding to Neutral, Announces $9 Price Target
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Aaron Lee has downgraded Playtika Holding (NASDAQ:PLTK) from Outperform to Neutral and set a price target of $9.
June 13, 2024 | 8:32 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Macquarie analyst Aaron Lee downgraded Playtika Holding from Outperform to Neutral and set a price target of $9. This downgrade may lead to a short-term negative impact on the stock price as investor sentiment adjusts.
The downgrade from Outperform to Neutral by a reputable analyst and the setting of a $9 price target is likely to cause a negative sentiment among investors, leading to a potential short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100