Jefferies Upgrades BARK to Buy, Raises Price Target to $1.9
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Kaumil Gajrawala upgraded BARK (NYSE:BARK) from Hold to Buy and increased the price target from $1.54 to $1.9, indicating a positive outlook on the company's stock.
March 05, 2024 | 10:52 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Jefferies upgraded BARK from Hold to Buy and raised the price target to $1.9, showing confidence in the company's future performance.
The upgrade from Hold to Buy by a reputable analyst like Kaumil Gajrawala, coupled with a significant increase in the price target, suggests a strong bullish sentiment towards BARK. This is likely to positively influence investor perception and could lead to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100