Piper Sandler Maintains Neutral on Traeger, Lowers Price Target to $3.5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Peter Keith maintains a Neutral rating on Traeger (NYSE:COOK) and lowers the price target from $5 to $3.5.
March 08, 2024 | 2:43 pm
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NEGATIVE IMPACT
Piper Sandler maintains a Neutral rating on Traeger and lowers the price target from $5 to $3.5.
The reduction in price target by Piper Sandler suggests a bearish outlook on Traeger's stock value in the short term, likely leading to negative investor sentiment and a potential decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100