Benchmark Maintains Buy on H World Group, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Fawne Jiang maintains a Buy rating on H World Group (NASDAQ:HTHT) but lowers the price target from $64 to $53.
August 22, 2024 | 1:40 pm
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Benchmark analyst Fawne Jiang maintains a Buy rating on H World Group but lowers the price target from $64 to $53, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in the stock's potential, but the lowered price target indicates a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100