Canaccord Genuity Maintains Buy on Bowlero, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Jason Tilchen maintains a 'Buy' rating on Bowlero (NYSE:BOWL) but has lowered the price target from $22 to $20.

September 12, 2023 | 3:49 pm
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Bowlero's price target has been lowered from $22 to $20 by Canaccord Genuity, though the 'Buy' rating is maintained.
The lowering of the price target by Canaccord Genuity 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 counterbalance the negative sentiment.
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IMPORTANCE 80
RELEVANCE 100