Susquehanna Maintains Neutral on Criteo, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Shyam Patil maintains a Neutral rating on Criteo (NASDAQ:CRTO) and lowers the price target from $50 to $36.
October 31, 2024 | 6:00 pm
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Susquehanna analyst Shyam Patil maintains a Neutral rating on Criteo and lowers the price target from $50 to $36, indicating a less optimistic outlook.
The lowering of the price target from $50 to $36 by Susquehanna suggests a less optimistic view on Criteo's future performance, which could negatively impact the stock price in the short term. The Neutral rating indicates no strong buy or sell recommendation, but the significant reduction in the price target is likely to weigh on investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100