Baird Maintains Neutral on Asana, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Rob Oliver maintains a Neutral rating on Asana (NYSE:ASAN) but lowers the price target from $20 to $13.

September 04, 2024 | 11:22 am
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Baird analyst Rob Oliver has maintained a Neutral rating on Asana but has lowered the price target from $20 to $13, indicating a less optimistic outlook.
The lowering of the price target from $20 to $13 by Baird suggests a less optimistic view on Asana's future performance, which could negatively impact the stock price in the short term. The Neutral rating indicates no strong buy or sell recommendation, but the significant reduction in the price target is likely to influence investor sentiment.
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IMPORTANCE 80
RELEVANCE 100