Needham Maintains Buy on Beyond, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan maintains a Buy rating on Beyond (NYSE:BYON) but lowers the price target from $13 to $9.
October 25, 2024 | 9:48 am
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Needham analyst Bernie McTernan maintains a Buy rating on Beyond but lowers the price target from $13 to $9, indicating a more cautious outlook.
The analyst's decision to maintain a Buy rating suggests confidence in Beyond's potential, but the lowered price target reflects a more cautious outlook on 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