B of A Securities Maintains Buy on Petco Health and Wellness, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Elizabeth Suzuki maintains a Buy rating on Petco Health and Wellness (NASDAQ:WOOF) but lowers the price target from $14.5 to $12.
May 26, 2023 | 12:55 pm
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B of A Securities maintains a Buy rating on Petco Health and Wellness (NASDAQ:WOOF) but lowers the price target from $14.5 to $12.
The news directly mentions Petco Health and Wellness (NASDAQ:WOOF) and the lowered price target by B of A Securities. While the Buy rating is maintained, the lowered price target may have a neutral impact on the stock price in the short term as it indicates a reduced upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100