Wedbush Maintains Neutral on Allbirds, Lowers Price Target to $1
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Tom Nikic has maintained a Neutral rating on Allbirds (NASDAQ:BIRD) and lowered the price target from $1.5 to $1.
November 09, 2023 | 3:57 pm
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NEGATIVE IMPACT
Wedbush has maintained a Neutral rating on Allbirds and lowered the price target from $1.5 to $1.
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 Allbirds' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100