Maxim Group Maintains Buy on Beyond, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Maxim Group analyst Tom Forte maintains a Buy rating on Beyond (NYSE:BYON) but lowers the price target from $33 to $26.
October 25, 2024 | 6:19 pm
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Maxim Group's analyst Tom Forte continues to recommend buying Beyond stock but has reduced the price target from $33 to $26, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Beyond's potential, but the lowered price target reflects a more cautious stance on its near-term performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100