Telsey Advisory Group Reiterates Outperform on Sovos Brands, Maintains $22 Price Target
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Sarang Vora has reiterated an Outperform rating on Sovos Brands (NASDAQ:SOVO) and maintained a $22 price target.
August 07, 2023 | 9:06 am
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Sovos Brands (NASDAQ:SOVO) has been reiterated with an Outperform rating and a $22 price target by Telsey Advisory Group.
The reiteration of an Outperform rating and a maintained price target by a reputable analyst group like Telsey Advisory Group is a positive signal for Sovos Brands. This could potentially lead to increased investor confidence and a positive impact on the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100