Canaccord Genuity Maintains Buy on Pagaya Techs, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained a Buy rating on Pagaya Techs but lowered the price target from $42 to $32.
September 30, 2024 | 3:23 pm
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Canaccord Genuity has maintained a Buy rating on Pagaya Techs but lowered the price target from $42 to $32, indicating a positive outlook with some caution.
The maintenance of a Buy rating suggests continued confidence in Pagaya Techs' potential, but the lowered price target indicates some caution regarding its short-term performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100