Canaccord Genuity Maintains Hold on Progyny, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained a Hold rating on Progyny (NASDAQ:PGNY) but lowered its price target from $24 to $18, indicating a more cautious outlook on the stock.
September 20, 2024 | 5:09 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Canaccord Genuity has maintained a Hold rating on Progyny but lowered the price target from $24 to $18, suggesting a more cautious outlook.
The lowering of the price target from $24 to $18 by Canaccord Genuity indicates a less optimistic view on Progyny's future performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100