Telsey Advisory Group Maintains Market Perform on Designer Brands, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained a 'Market Perform' rating on Designer Brands (NYSE:DBI) and raised the price target from $8 to $14.
September 08, 2023 | 9:29 am
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Designer Brands' price target has been raised from $8 to $14 by Telsey Advisory Group, maintaining a 'Market Perform' rating.
The increase in price target by Telsey Advisory Group indicates a positive outlook for Designer Brands. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100