Telsey Advisory Group Maintains Market Perform on Big Lots, Raises Price Target to $6-Report Released on 30th November 2023
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has maintained a 'Market Perform' rating on Big Lots (NYSE:BIG) and increased the price target from $5.5 to $6 as reported on November 30, 2023.
December 01, 2023 | 10:54 am
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Telsey Advisory Group has maintained a 'Market Perform' rating on Big Lots and raised the price target from $5.5 to $6, indicating a positive outlook on the stock.
The increase in price target by Telsey Advisory Group suggests a positive sentiment towards Big Lots' stock in the short term. While the 'Market Perform' rating does not suggest a significant change in the company's stock performance, the raised price target could lead to increased investor confidence and a potential uptick in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100