Wedbush Maintains Outperform on Beyond, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Michael Pachter maintains an Outperform rating on Beyond (NYSE:BYON) but lowers the price target from $25 to $15.
October 25, 2024 | 3:19 pm
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Wedbush analyst Michael Pachter maintains an Outperform rating on Beyond but lowers the price target from $25 to $15, indicating a more cautious outlook.
The reduction in the price target from $25 to $15 suggests a more cautious outlook on Beyond's future performance, which could lead to a negative short-term impact on the stock price despite the maintained Outperform rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100