Stifel Maintains Buy Rating for Bowlero: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Stifel has maintained its Buy rating for Bowlero (NYSE:BOWL) but lowered its price target from $25.00 to $23.00. Bowlero's shares are currently trading down 5.97% at $9.99 per share. A move to $23.00 would represent a 130.12% increase from the current share price.
September 12, 2023 | 5:00 pm
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Stifel maintains its Buy rating for Bowlero but lowers its price target. This could potentially lead to a 130.12% increase in the share price.
Stifel's maintained Buy rating indicates a positive outlook for Bowlero. However, the lowering of the price target may cause some short-term uncertainty. Despite this, the new target price still represents a significant potential increase from the current share price, which could attract investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100