Grab Holdings shares are trading higher after Daiwa Capital initiated coverage on the stock with an Outperform rating and $4.60 price target.
Portfolio Pulse from Benzinga Newsdesk
Grab Holdings shares rose following Daiwa Capital's initiation of coverage with an Outperform rating and a $4.60 price target.
October 23, 2024 | 3:34 pm
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Grab Holdings shares increased after Daiwa Capital initiated coverage with an Outperform rating and set a price target of $4.60.
The initiation of coverage by Daiwa Capital with a positive rating and a specific price target is likely to boost investor confidence, leading to a short-term increase in Grab Holdings' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100