Telsey Advisory Group Reiterates Market Perform on Allbirds, Maintains $1 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey reiterated a 'Market Perform' rating on Allbirds (NASDAQ:BIRD) and maintained a $1 price target.

March 13, 2024 | 9:23 am
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NEUTRAL IMPACT
Telsey Advisory Group maintains a 'Market Perform' rating and a $1 price target on Allbirds.
The reiteration of the 'Market Perform' rating and maintenance of the $1 price target by Telsey Advisory Group suggests a neutral outlook on Allbirds' stock in the short term. This analysis is based on the firm's current assessment of Allbirds' market position and future prospects. The direct mention of Allbirds and the specific price target provide clear guidance on the expected performance of the stock, but the 'Market Perform' rating indicates that the stock is expected to perform in line with the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100