Telsey Advisory Group Maintains Outperform on Traeger, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has maintained an 'Outperform' rating on Traeger (NYSE:COOK), but lowered the price target from $6.5 to $5.

November 09, 2023 | 11:25 am
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Traeger's price target has been lowered from $6.5 to $5 by Telsey Advisory Group, though the 'Outperform' rating is maintained.
The lowering of the price target by Telsey Advisory Group could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment to some extent.
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IMPORTANCE 70
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