JP Morgan Maintains Neutral on Riskified, Raises Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Reginald Smith maintains a Neutral rating on Riskified (NYSE:RSKD) but raises the price target from $6 to $7.
August 20, 2024 | 2:51 pm
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JP Morgan has maintained a Neutral rating on Riskified but increased the price target from $6 to $7, indicating a slightly more positive outlook.
The increase in price target suggests a slightly more optimistic view on Riskified's future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100