Telsey Advisory Group Reiterates Market Perform on Stitch Fix, Maintains $4 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey has reiterated a 'Market Perform' rating on Stitch Fix (NASDAQ:SFIX) and maintained a price target of $4. This indicates that the analyst believes the stock will perform in line with the market and is not changing the previously set target price.
November 29, 2023 | 10:31 am
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NEUTRAL IMPACT
Stitch Fix maintains its 'Market Perform' rating and a $4 price target from Telsey Advisory Group, suggesting no significant change in market expectations for the company's stock.
The reiteration of the 'Market Perform' rating and the maintenance of the $4 price target by Telsey Advisory Group suggests that the analyst's view on Stitch Fix has not changed. This is likely to have a neutral short-term impact on the stock as it aligns with current market expectations and does not provide new, significant information that would alter the stock's trajectory.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100