Angi Inc. price target lowered to $4 from $5 at KeyBanc

KeyBanc analyst Justin Patterson lowered the firm’s price target on Angi Inc. to $4 from $5 and keeps an Overweight rating on the shares. The firm is seeing some signs of progress following the Q2 results, but also sees more work to be done, and while the business is moving in the right direction, it is a bit more slowly in this environment than hoped, the analyst tells investors in a research note.