Piper Sandler Maintains Neutral on Allbirds, Lowers Price Target to $1.8-Report released on 8th Nov 2023
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Edward Yruma has maintained a Neutral rating on Allbirds (NASDAQ:BIRD) and lowered the price target from $2 to $1.8.
November 09, 2023 | 7:51 pm
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NEGATIVE IMPACT
Piper Sandler has maintained a Neutral rating on Allbirds and lowered the price target from $2 to $1.8.
The lowering of the price target by Piper Sandler indicates a potential decrease in the stock price of Allbirds in the short term. This is due to the fact that price targets often influence investor sentiment and can lead to changes in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100