Wedbush Maintains Neutral on Stitch Fix, Lowers Price Target to $3.5
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Tom Nikic has maintained a Neutral rating on Stitch Fix (NASDAQ:SFIX) and lowered the price target from $4.5 to $3.5.
September 19, 2023 | 12:00 pm
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NEGATIVE IMPACT
Stitch Fix's price target has been lowered from $4.5 to $3.5 by Wedbush, while maintaining a Neutral rating.
The lowering of the price target by Wedbush indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Stitch Fix's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100