Stifel Maintains Buy on PLAYSTUDIOS, Lowers Price Target to $3.5
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst David Pang maintains a Buy rating on PLAYSTUDIOS (NASDAQ:MYPS) but lowers the price target from $4 to $3.5.
October 18, 2024 | 2:10 pm
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NEUTRAL IMPACT
Stifel analyst David Pang maintains a Buy rating on PLAYSTUDIOS but lowers the price target from $4 to $3.5, indicating a slightly less optimistic outlook.
The maintained Buy rating suggests continued confidence in PLAYSTUDIOS, but the lowered price target indicates a tempered outlook, possibly due to revised expectations or market conditions. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100