Telsey Advisory Group Maintains Market Perform on Designer Brands, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey has maintained a Market Perform rating on Designer Brands (NYSE:DBI) but reduced the price target from $14 to $10.
December 06, 2023 | 10:11 am
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Telsey Advisory Group has maintained a Market Perform rating on Designer Brands and lowered the price target from $14 to $10.
The reduction in price target by Telsey Advisory Group suggests a less optimistic outlook for Designer Brands' stock price in the short term. This could lead to negative sentiment among investors and a potential decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100