Telsey Advisory Group Maintains Market Perform on Allbirds, Lowers Price Target to $1
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained a 'Market Perform' rating on Allbirds (NASDAQ:BIRD) but has lowered the price target from $1.5 to $1.
November 09, 2023 | 11:31 am
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NEGATIVE IMPACT
Allbirds' price target has been lowered from $1.5 to $1 by Telsey Advisory Group, which could potentially impact the stock's performance.
The lowering of the price target by a reputable advisory group like Telsey can influence investor sentiment and potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100