JP Morgan Maintains Neutral on PagerDuty, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Pinjalim Bora maintains a Neutral rating on PagerDuty (NYSE:PD) and lowers the price target from $24 to $21.
September 04, 2024 | 10:26 pm
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NEGATIVE IMPACT
JP Morgan has maintained a Neutral rating on PagerDuty and reduced its price target from $24 to $21, indicating a cautious outlook.
The reduction in price target from $24 to $21 by JP Morgan suggests a less optimistic view on PagerDuty's short-term performance, which could lead to a negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100