Telsey Advisory Group Reiterates Market Perform on Rent the Runway, Maintains $1 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey has reiterated a 'Market Perform' rating on Rent the Runway (NASDAQ:RENT) and maintained a price target of $1.
November 29, 2023 | 10:30 am
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NEUTRAL IMPACT
Rent the Runway maintains a 'Market Perform' rating from Telsey Advisory Group with an unchanged price target of $1.
The reiteration of the 'Market Perform' rating and the maintenance of the $1 price target by Telsey Advisory Group suggests that the analyst's view on Rent the Runway has not changed. This is likely to have a neutral short-term impact on the stock as there is no new positive or negative information that would significantly alter investor sentiment or expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100