Wells Fargo Maintains Equal-Weight on Stitch Fix, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ike Boruchow has maintained an Equal-Weight rating on Stitch Fix (NASDAQ:SFIX) and reduced the price target from $3.5 to $3.
March 05, 2024 | 12:04 pm
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Wells Fargo has maintained an Equal-Weight rating on Stitch Fix but lowered the price target from $3.5 to $3.
The reduction in price target by a reputable analyst like Ike Boruchow suggests a less optimistic outlook on Stitch Fix's stock value in the short term, potentially leading to a negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100