DA Davidson Maintains Buy on Overstock.com, Lowers Price Target to $41
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 $85 to $41.

October 27, 2023 | 3:37 pm
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Overstock.com's price target has been lowered from $85 to $41 by DA Davidson, though the 'Buy' rating is maintained.
The lowering of the price target by DA Davidson could lead to a negative sentiment among investors, potentially causing a short-term drop in Overstock.com's stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100