Telsey Advisory Group Upgrades Holley to Outperform, Raises Price Target to $7.5
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Joseph Feldman has upgraded Holley (NYSE:HLLY) from Market Perform to Outperform and raised the price target from $3 to $7.5.
August 07, 2023 | 9:05 am
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Holley's stock has been upgraded to Outperform from Market Perform by Telsey Advisory Group, with a price target increase from $3 to $7.5.
The upgrade from Market Perform to Outperform indicates that the analyst believes Holley's stock will outperform the market in the near future. The significant increase in the price target from $3 to $7.5 also suggests a strong positive outlook for the stock. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100