Citigroup Downgrades Euronet Worldwide to Neutral, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andrew Schmidt has downgraded Euronet Worldwide (NASDAQ:EEFT) from Buy to Neutral and lowered the price target from $118 to $110.
October 18, 2024 | 1:21 pm
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Citigroup has downgraded Euronet Worldwide from Buy to Neutral, with a reduced price target of $110, indicating a less optimistic outlook.
The downgrade from Buy to Neutral by a major financial institution like Citigroup suggests a less favorable view on Euronet's short-term performance. The lowered price target from $118 to $110 further indicates reduced expectations for the stock's potential upside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100