Citigroup Downgrades UP Fintech Holding to Sell, Raises Price Target to $5.5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Judy Zhang has downgraded UP Fintech Holding (NASDAQ:TIGR) from Buy to Sell, while raising the price target from $5 to $5.5.
October 22, 2024 | 9:31 pm
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Citigroup has downgraded UP Fintech Holding from Buy to Sell, indicating a negative outlook despite a slight increase in the price target to $5.5.
The downgrade from Buy to Sell by Citigroup suggests a negative sentiment towards UP Fintech Holding's future performance. Although the price target was raised slightly, the overall downgrade is likely to exert downward pressure on the stock price in the short term.
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RELEVANCE 100