Telsey Advisory Group Maintains Outperform on Hibbett, Lowers Price Target to $60
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 $70 to $60.
May 30, 2023 | 9:15 am
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Telsey Advisory Group maintains Outperform rating on Hibbett (NASDAQ:HIBB) but lowers the price target from $70 to $60.
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 $70 to $60 may create uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100