CJS Securities Downgrades Franchise Group to Market Perform, Announces $30 Price Target
Portfolio Pulse from richadhand@benzinga.com
CJS Securities analyst Lawrence Solow downgraded Franchise Group (NASDAQ:FRG) from Market Outperform to Market Perform and announced a $30 price target.
June 13, 2023 | 2:13 pm
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Franchise Group (NASDAQ:FRG) has been downgraded by CJS Securities from Market Outperform to Market Perform, with a $30 price target.
The downgrade from Market Outperform to Market Perform by CJS Securities analyst Lawrence Solow indicates a less optimistic outlook for Franchise Group's stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their positions based on the new rating and price target.
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