Canaccord Genuity Upgrades Blend Labs to Buy, Raises Price Target to $4.75
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has upgraded Blend Labs (NYSE:BLND) from Hold to Buy and raised the price target from $3 to $4.75.
August 12, 2024 | 10:18 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Canaccord Genuity has upgraded Blend Labs from Hold to Buy and increased the price target from $3 to $4.75.
The upgrade from Hold to Buy and the significant increase in the price target from $3 to $4.75 by Canaccord Genuity is likely to positively impact Blend Labs' stock price in the short term. Such upgrades typically signal strong confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100