Wedbush Maintains Outperform on RumbleON, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham maintains an Outperform rating on RumbleON (NASDAQ:RMBL) but lowers the price target from $7 to $5.

August 08, 2024 | 1:53 pm
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Wedbush analyst Seth Basham maintains an Outperform rating on RumbleON but lowers the price target from $7 to $5.
The lowered price target from $7 to $5 suggests a more cautious outlook on RumbleON's future performance, which could negatively impact investor sentiment in the short term despite the maintained Outperform rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100