Piper Sandler Downgrades Leslies to Neutral, Lowers Price Target to $7
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Peter Keith has downgraded Leslies (NASDAQ:LESL) from Overweight to Neutral and lowered the price target from $16 to $7.
July 14, 2023 | 11:16 am
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NEGATIVE IMPACT
Leslies has been downgraded from Overweight to Neutral by Piper Sandler, with a lowered price target from $16 to $7.
The downgrade from Overweight to Neutral by Piper Sandler, along with a significant reduction in the price target, indicates a less optimistic outlook for Leslies. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100