Deutsche Bank Maintains Hold on Designer Brands, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Gabriella Carbone has maintained a Hold rating on Designer Brands (NYSE:DBI) but has reduced the price target from $11 to $8.
December 06, 2023 | 8:59 pm
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Deutsche Bank analyst Gabriella Carbone maintains a Hold rating on Designer Brands and lowers the price target from $11 to $8.
The reduction in the price target by Deutsche Bank suggests a bearish outlook on the stock's value, which could lead to a negative short-term impact on the stock price of Designer Brands.
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