Truist Securities Maintains Buy on Riskified, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Truist Securities maintains a Buy rating on Riskified (NYSE:RSKD) but lowers the price target from $8 to $7.
August 15, 2024 | 1:29 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Riskified but lowers the price target from $8 to $7.
The maintained Buy rating suggests continued confidence in Riskified's long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100