Telsey Advisory Group Maintains Outperform on Grove Collaborative Hldgs, Raises Price Target to $3
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group has maintained an 'Outperform' rating on Grove Collaborative Hldgs (NYSE:GROV) and raised the price target from $2 to $3.
August 09, 2023 | 9:28 am
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Telsey Advisory Group has maintained an 'Outperform' rating on GROV and raised the price target from $2 to $3. This could potentially lead to an increase in the stock's price.
The 'Outperform' rating indicates that the analyst believes GROV will do better than the market average. The increase in the price target from $2 to $3 suggests that the analyst sees a higher potential upside for the stock, which could lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100