Telsey Advisory Group Maintains Market Perform on Zevia, Lowers Price Target to $4
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group has maintained a 'Market Perform' rating on Zevia (NYSE:ZVIA) but lowered the price target from $5 to $4.
July 25, 2023 | 9:06 am
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NEGATIVE IMPACT
Zevia's price target has been lowered from $5 to $4 by Telsey Advisory Group, which could potentially impact the stock's performance.
The lowering of the price target by a reputable analyst group like Telsey Advisory Group could lead to a negative sentiment among investors, potentially causing a decrease in Zevia's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100