Ascendiant Capital Maintains Buy on Society Pass, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Ascendiant Capital's analyst Edward Woo maintains a Buy rating on Society Pass (NASDAQ:SOPA) but lowers the price target from $21 to $19.
September 03, 2024 | 9:52 am
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Ascendiant Capital's analyst Edward Woo continues to recommend buying Society Pass (SOPA) but has adjusted the price target downwards from $21 to $19.
The Buy rating suggests confidence in SOPA's potential, but the lowered price target indicates a more cautious outlook on its short-term price appreciation. This mixed signal may result in a neutral short-term impact on the stock price.
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