Telsey Advisory Group Maintains Market Perform on Designer Brands, Lowers Price Target to $8
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Dana Telsey maintains a Market Perform rating on Designer Brands (NYSE:DBI) and lowers the price target from $12 to $8.
June 06, 2023 | 9:06 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Telsey Advisory Group maintains a Market Perform rating on Designer Brands and lowers the price target from $12 to $8.
The lowered price target from $12 to $8 by Telsey Advisory Group indicates a bearish outlook on Designer Brands' stock. This may lead to a short-term negative impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100