Citigroup Reinstates Neutral on HashiCorp, Announces $35 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Fatima Boolani has reinstated a Neutral rating on HashiCorp (NASDAQ:HCP) and set a price target of $35.
September 03, 2024 | 12:57 pm
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NEUTRAL IMPACT
Citigroup has reinstated a Neutral rating on HashiCorp with a price target of $35, indicating a balanced view on the stock's potential.
The Neutral rating suggests that Citigroup sees neither strong upside nor downside potential for HashiCorp at this time. The $35 price target provides a specific valuation benchmark for investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100