Alliance Global Partners Downgrades Rimini Street to Neutral
Portfolio Pulse from Benzinga Newsdesk
Alliance Global Partners has downgraded Rimini Street (NASDAQ:RMNI) from Buy to Neutral, as per analyst Brian Kinstlinger.
July 31, 2024 | 6:28 pm
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NEGATIVE IMPACT
Alliance Global Partners has downgraded Rimini Street from Buy to Neutral, which may lead to a short-term negative impact on the stock price.
A downgrade from Buy to Neutral by a reputable analyst can lead to a decrease in investor confidence and a potential short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100