GRND Similar Chart Price Prediction
The price of GRND is predicted to go up 22.16%, based on the high correlation periods with DAVE. The similarity of these two price pattern on the periods is 96.06%.
GRND
DAVE
Up: 22.16%Similarity: 96.06%
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GRND Analyst's Forecast
Andy Marok
Raymond James
Buy
2025-01-24
Price Target
$19 → $21
Upside
+16.15%
Raymond James raised the firm's price target on Grindr to $21 from $19 and keeps an Outperform rating on the shares. Grindr announced a set of developments this week that continue to highlight the company's strong execution against stated targets, including an updated view on its 2025 product intentions, which builds on the already-ambitious targets laid out on the company's June Investor Day, as well as calling for its Q4 results to come in ahead of top-line expectations, and cleaning up the warrant structure, the analyst tells investors in a research note. This removes a key overhang, and the firm says there is no reason to doubt the path forward given the delivered promises to date.
Eric Sheridan
Goldman Sachs
Strong Buy
2024-12-16
Price Target
$20
Upside
+18.2%
