JP Morgan Downgrades Sea to Neutral, Lowers Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ranjan Sharma has downgraded Sea (NYSE:SE) from Overweight to Neutral and lowered the price target from $84 to $78.
June 25, 2024 | 9:21 am
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JP Morgan analyst Ranjan Sharma downgraded Sea (NYSE:SE) from Overweight to Neutral and reduced the price target from $84 to $78.
The downgrade from Overweight to Neutral and the reduction in the price target from $84 to $78 by a major financial institution like JP Morgan is likely to negatively impact investor sentiment and the short-term stock price of Sea.
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