Needham Maintains Buy on MoneyLion, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Kyle Peterson maintains a Buy rating on MoneyLion (NYSE:ML) but lowers the price target from $100 to $70.
August 07, 2024 | 9:44 am
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Needham analyst Kyle Peterson maintains a Buy rating on MoneyLion but lowers the price target from $100 to $70.
The maintained Buy rating suggests continued confidence in MoneyLion's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100