Citigroup Downgrades Autohome to Neutral, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Brian Gong has downgraded Autohome (NYSE:ATHM) from Buy to Neutral and lowered the price target from $31 to $28.
July 19, 2024 | 1:40 pm
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Citigroup analyst Brian Gong downgraded Autohome from Buy to Neutral and reduced the price target from $31 to $28.
The downgrade from Buy to Neutral and the lowered price target from $31 to $28 by a major financial institution like Citigroup is likely to negatively impact investor sentiment and short-term stock price performance for Autohome.
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