DA Davidson Maintains Buy on Overstock.com, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Tom Forte maintains a 'Buy' rating on Overstock.com (NASDAQ:OSTK) but lowers the price target from $87 to $85.

September 07, 2023 | 1:21 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Overstock.com's price target has been lowered from $87 to $85 by DA Davidson, though the 'Buy' rating is maintained.
The lowering of the price target by DA Davidson could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counteract the negative sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100