Roth MKM Maintains Buy on Wag Group, Lowers Price Target to $3.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Matt Koranda maintains a Buy rating on Wag Group (NASDAQ:PET) but lowers the price target from $4 to $3.5.
July 16, 2024 | 1:28 pm
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NEUTRAL IMPACT
Roth MKM analyst Matt Koranda maintains a Buy rating on Wag Group but lowers the price target from $4 to $3.5.
The Buy rating suggests continued confidence in Wag Group's long-term prospects, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100