Jefferies Initiates Coverage On Vestis with Buy Rating, Announces Price Target of $20
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Stephanie Moore has initiated coverage on Vestis (NYSE:VSTS) with a Buy rating and set a price target of $20.
November 21, 2023 | 11:16 am
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Jefferies has initiated coverage on Vestis with a Buy rating and a price target of $20, which could positively influence the stock's performance.
Analyst coverage, especially with a Buy rating, typically generates investor interest and can lead to a positive short-term price movement. The price target of $20 suggests a significant upside potential from the current trading price, assuming the market aligns with the analyst's valuation.
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