Piper Sandler Maintains Underweight on Stitch Fix, Lowers Price Target to $2.25
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Erinn Murphy has maintained an Underweight rating on Stitch Fix (NASDAQ:SFIX) and reduced the price target from $3 to $2.25.
March 05, 2024 | 2:07 pm
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Piper Sandler maintains an Underweight rating on Stitch Fix and lowers the price target from $3 to $2.25.
The reduction in price target by Piper Sandler, a significant financial analysis firm, suggests a bearish outlook on Stitch Fix's stock. This action could lead to a decrease in investor confidence and potentially result in a short-term decline in SFIX's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100