Brokerage firms use ratings when they issue stock recommendations to stock traders.
The usually have 1 year target from the moment the release the Ratings.
On 5/13/2021 Credit Suisse Group Brokerage Lowered the Price Target from $31.00 to $24.00 and Outperform Rating
On 3/9/2021 Citigroup Brokerage Lowered the Price Target from $24.00 to $20.00
On 1/11/2021 JPMorgan Chase & Co. Brokerage Initiated Coverage with a $30.00 Price Target and Overweight Rating
Looking at the volume and ratings, i would expect a short term upside potential!
The usually have 1 year target from the moment the release the Ratings.
On 5/13/2021 Credit Suisse Group Brokerage Lowered the Price Target from $31.00 to $24.00 and Outperform Rating
On 3/9/2021 Citigroup Brokerage Lowered the Price Target from $24.00 to $20.00
On 1/11/2021 JPMorgan Chase & Co. Brokerage Initiated Coverage with a $30.00 Price Target and Overweight Rating
Looking at the volume and ratings, i would expect a short term upside potential!
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