Maxim Group Downgrades BM Technologies to Hold
Portfolio Pulse from Benzinga Newsdesk
Maxim Group has downgraded BM Technologies (AMEX:BMTX) from Buy to Hold, as per analyst Michael Diana.
October 28, 2024 | 2:36 pm
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NEGATIVE IMPACT
Maxim Group analyst Michael Diana has downgraded BM Technologies from a Buy to a Hold rating.
The downgrade from Buy to Hold by a reputable analyst can lead to a negative short-term impact on BMTX's stock price as it may influence investor sentiment and lead to selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100