Telsey Advisory Group Maintains Outperform on Westrock Coffee, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Sarang Vora has maintained an 'Outperform' rating on Westrock Coffee (NASDAQ:WEST) but lowered the price target from $14 to $11.

November 10, 2023 | 1:06 pm
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Westrock Coffee's price target has been lowered from $14 to $11 by Telsey Advisory Group, though the 'Outperform' rating is maintained.
The lowering of the price target by Telsey Advisory Group could lead to a negative sentiment among investors, potentially causing a short-term decrease in Westrock Coffee's stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100