Telsey Advisory Group Maintains Outperform on Hibbett, Lowers Price Target to $70
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Joseph Feldman maintains an Outperform rating on Hibbett (NASDAQ:HIBB) but lowers the price target from $80 to $70.
May 23, 2023 | 9:07 am
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NEUTRAL IMPACT
Telsey Advisory Group maintains an Outperform rating on Hibbett (NASDAQ:HIBB) but lowers the price target from $80 to $70.
The news of Telsey Advisory Group maintaining an Outperform rating on Hibbett indicates a positive outlook for the company. However, the lowering of the price target from $80 to $70 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100