Grab Reports First Quarter 2024 Results

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Grab Holdings Inc. (GRAB) PT Lowered to $5 at Citi

May 16, 2024 9:20 AM EDT

Citi analyst Alicia Yap lowered the price target on Grab Holdings Inc. (NASDAQ: GRAB) to $5.00 (from $5.10) while maintaining a Buy rating.

The analyst comments "In-line with our preview, Grab indeed printed a solid 1Q24 result with stronger-than-expected growth in mobility thanks to strong tourism... More