UBS Initiates Coverage On Savers Value Village with Buy Rating, Announces Price Target of $29
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Michael Lasser has initiated coverage on Savers Value Village (NYSE:SVV) with a Buy rating and a price target of $29.
July 24, 2023 | 11:30 am
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UBS has initiated coverage on SVV with a Buy rating and a price target of $29, which could potentially drive the stock price up.
Analyst ratings often influence the stock price. A Buy rating from a reputable institution like UBS indicates a positive outlook for the stock. The price target of $29 also suggests that UBS believes the stock is undervalued, which could encourage investors to buy, potentially driving the stock price up.
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