Citigroup Upgrades Dada Nexus to Neutral, Raises Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Alicia Yap has upgraded Dada Nexus from Sell to Neutral and increased the price target from $1 to $1.5.
August 21, 2024 | 3:17 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Citigroup has upgraded Dada Nexus from Sell to Neutral, with a new price target of $1.5, indicating a more positive outlook.
The upgrade from Sell to Neutral by Citigroup suggests a more favorable view of Dada Nexus, which could lead to increased investor interest and a potential rise in stock price. The raised price target further supports this positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100