Telsey Advisory Group Downgrades Torrid Holdings to Market Perform, Lowers Price Target to $3
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group downgraded Torrid Holdings (NYSE:CURV) from Outperform to Market Perform and lowered the price target from $5 to $3.
June 08, 2023 | 9:19 am
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NEGATIVE IMPACT
Torrid Holdings downgraded to Market Perform by Telsey Advisory Group, with a reduced price target of $3.
The downgrade from Outperform to Market Perform and the reduction in price target from $5 to $3 by Telsey Advisory Group indicate a less favorable outlook for Torrid Holdings. This could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100