Telsey Advisory Group Maintains Market Perform on JOANN, Lowers Price Target to $1
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has maintained a Market Perform rating on JOANN (NASDAQ:JOAN) but has reduced the price target from $1.5 to $1.
November 30, 2023 | 10:08 am
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Telsey Advisory Group has lowered the price target for JOANN from $1.5 to $1 while maintaining a Market Perform rating.
The reduction in price target by Telsey Advisory Group suggests a bearish outlook on JOANN's stock value in the short term. This could lead to negative investor sentiment and a potential decrease in stock price.
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