CORRECTION: Telsey Advisory Group Downgrades Zevia to Market Perform, Lowers Price Target to $4 - Rating Change Updated
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has downgraded Zevia (NYSE:ZVIA) from Outperform to Market Perform and lowered the price target from $5 to $4.
July 25, 2023 | 10:11 am
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Zevia has been downgraded by Telsey Advisory Group and its price target has been lowered, which could negatively impact its stock price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. The downgrade from Outperform to Market Perform and the lowering of the price target from $5 to $4 by Telsey Advisory Group could lead to a decrease in Zevia's stock price in the short term.
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