Wedbush Maintains Neutral on Carter's, Raises Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Tom Nikic has maintained a Neutral rating on Carter's (NYSE:CRI) and increased the price target from $67 to $78.
February 23, 2024 | 1:18 pm
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Wedbush has maintained a Neutral rating on Carter's but raised the price target from $67 to $78.
The increase in price target by Wedbush suggests a positive outlook on Carter's financial performance and stock potential, likely leading to a short-term positive impact on the stock price. The Neutral rating indicates that while the stock might not outperform the market, the raised target suggests an improvement in the company's valuation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100