Telsey Advisory Group Maintains Outperform on Grove Collaborative Hldgs, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained an 'Outperform' rating on Grove Collaborative Hldgs (NYSE:GROV) but lowered the price target from $3.5 to $3.
November 10, 2023 | 11:50 am
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Telsey Advisory Group has maintained an 'Outperform' rating on GROV but lowered the price target from $3.5 to $3.
The news is directly about GROV and is important as it comes from a reputable analyst group. The 'Outperform' rating suggests that the analyst believes the stock will do better than the market average, which is positive. However, the lowering of the price target could indicate a potential downside, making the overall impact neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100