Telsey Advisory Group Reiterates Outperform on Traeger, Maintains $6.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has reiterated an 'Outperform' rating on Traeger (NYSE:COOK) and maintained a price target of $6.5.
November 03, 2023 | 10:49 am
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Telsey Advisory Group has reiterated an 'Outperform' rating on Traeger, maintaining a price target of $6.5. This could potentially boost investor confidence in the stock.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. The reiteration of an 'Outperform' rating indicates that the analyst believes the stock will do better than the market average. This, coupled with the maintained price target, could potentially boost investor confidence and positively impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100