Oppenheimer Maintains Outperform on Asana, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ittai Kidron maintains an Outperform rating on Asana but lowers the price target from $23 to $20.
September 04, 2024 | 2:08 pm
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Oppenheimer has maintained its Outperform rating on Asana but has reduced the price target from $23 to $20, indicating a slightly less optimistic outlook.
The maintenance of the Outperform rating suggests continued confidence in Asana's performance, but the lowered price target indicates a tempered outlook, likely 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