MILN - Angi Set to Soar: Analyst Sees Market Share Growth and International Expansion Fueling Future Success | Benzinga
Angi Inc. (NASDAQ:ANGI) shares are trading higher today. JMP Securities analyst Nicholas Jones initiated coverage at Market Outperform and a price target of $3.25.
The analyst states that ANGI maintains a leading position in home maintenance, repair, and renovation.
They expect the company to resume growing its market share beginning in 2025, leveraging improved monetization efforts as service requests increase.
Jones writes that they see significant long-term trends favoring the company, including aging homes and affordability considerations motivating homeowners to renovate ...