Telsey Advisory Group Maintains Outperform on Hibbett, Raises Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has reaffirmed an Outperform rating on Hibbett (NASDAQ:HIBB) and increased the price target from $60 to $73.
November 22, 2023 | 8:42 am
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POSITIVE IMPACT
Telsey Advisory Group has maintained an Outperform rating on Hibbett and raised the price target from $60 to $73, indicating a positive outlook on the stock.
The increase in price target by Telsey Advisory Group suggests a strong confidence in Hibbett's future performance. This endorsement from a reputable analyst is likely to instill investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100