Benchmark Maintains Buy on Hello Gr, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Fawne Jiang maintains a Buy rating on Hello Gr (NASDAQ:MOMO) but lowers the price target from $15 to $13.
September 04, 2024 | 4:31 pm
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Benchmark analyst Fawne Jiang maintains a Buy rating on Hello Gr but lowers the price target from $15 to $13, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Hello Gr's potential, but the lowered price target indicates a tempered outlook on its short-term performance. This mixed signal may result in neutral short-term price movement.
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