Angi Shares Fall After Goldman Sachs, Citigroup Downgrade

MT Newswires Live

2024/11/14

Angi (ANGI) shares were down about 6% in recent Wednesday trading after Goldman Sachs and Citigroup downgraded the stock following its Q3 results.

Goldman Sachs downgraded the stock to neutral from buy and cut its price target to $2.50 from $3.25. Citigroup also lowered Angi to neutral from buy.

Other analysts cut their price targets, with RBC to $2.75 from $3.25 and UBS to $2.40 from $2.80.

Trading volume stood at about 1.2 million shares against a daily average of roughly 546,000.

Price: 1.82, Change: -0.12, Percent Change: -5.96

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