Canaccord Genuity Downgrades Sharecare to Hold, Lowers Price Target to $1.43
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has downgraded Sharecare (NASDAQ:SHCR) from Buy to Hold and lowered its price target from $2 to $1.43.
June 21, 2024 | 6:01 pm
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Canaccord Genuity has downgraded Sharecare from Buy to Hold and reduced the price target from $2 to $1.43, indicating a less optimistic outlook for the stock.
The downgrade from Buy to Hold and the reduction in the price target from $2 to $1.43 by Canaccord Genuity suggests a less favorable view of Sharecare's future performance, likely leading to a short-term decline in the stock price.
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