DA Davidson Maintains Buy on Sonos, Raises Price Target to $24
Portfolio Pulse from jenniferd'souza@benzinga.com
DA Davidson analyst Tom Forte maintains a 'Buy' rating on Sonos (NASDAQ:SONO) and raises the price target from $22 to $24.
August 10, 2023 | 1:37 pm
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POSITIVE IMPACT
Sonos' price target has been raised from $22 to $24 by DA Davidson, maintaining a 'Buy' rating.
The raised price target and maintained 'Buy' rating by DA Davidson indicates a positive outlook for Sonos. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100