Piper Sandler Maintains Neutral on Leslies, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Peter Keith has maintained a Neutral rating on Leslies (NASDAQ:LESL) but has reduced the price target from $7 to $6.
November 29, 2023 | 2:51 pm
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NEGATIVE IMPACT
Piper Sandler has maintained a Neutral rating on Leslies but lowered the price target from $7 to $6, indicating a potential downside or limited upside.
The reduction in price target by Piper Sandler suggests that the analyst sees less potential for price appreciation in Leslies' stock. This could lead to a negative perception among investors and potentially cause a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100