Telsey Advisory Group Reiterates Market Perform on JOANN, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has reiterated a Market Perform rating on JOANN (NASDAQ:JOAN) and lowered the price target from $2.5 to $2.
June 06, 2023 | 9:06 am
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Telsey Advisory Group's Joseph Feldman reiterated a Market Perform rating on JOANN and lowered the price target from $2.5 to $2.
The lowered price target from $2.5 to $2 by Telsey Advisory Group's analyst Joseph Feldman indicates a bearish outlook on JOANN's stock. This news is directly related to JOAN and is important for investors as it reflects the analyst's expectations for the stock's performance. The negative impact on the stock price is likely in the short term due to the lowered price target.
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