William Blair Downgrades Leslies to Market Perform
Portfolio Pulse from richadhand@benzinga.com
William Blair analyst Ryan Merkel has downgraded Leslies (NASDAQ:LESL) from Outperform to Market Perform.
July 14, 2023 | 11:50 am
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Leslies has been downgraded from Outperform to Market Perform by William Blair analyst Ryan Merkel.
Analyst ratings often have a significant impact on stock prices. A downgrade from Outperform to Market Perform suggests that the analyst believes the stock will perform similarly to other stocks in the market, rather than outperforming them. This could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100