Citigroup Maintains Neutral on MultiPlan, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Daniel Grosslight maintains a Neutral rating on MultiPlan (NYSE:MPLN) and lowers the price target from $17.2 to $10.
September 23, 2024 | 10:02 pm
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NEGATIVE IMPACT
Citigroup has maintained a Neutral rating on MultiPlan but significantly lowered the price target from $17.2 to $10, indicating a less optimistic outlook.
The reduction in price target from $17.2 to $10 by Citigroup suggests a less favorable view on MultiPlan's future performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100