J.P. Morgan Downgrades P10 to Neutral, Citing Margin Pressures and Revised Growth Outlook
Friday, 1 March 2024, 17:22
J.P. Morgan Downgrades P10 Stock
J.P. Morgan has downgraded P10 stock to Neutral, citing margin pressures and revised growth expectations.
Key Points:
- Downgrade: J.P. Morgan downgrades P10 to Neutral on tepid fundraising guidance.
- Margin Concerns: The downgrade reflects concerns over margin pressures affecting P10's performance.
- Impact: Investors react to the revised growth outlook, causing a drop in the stock price.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.