Piper Sandler Maintains Neutral on Allbirds, Lowers Price Target to $1
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Edward Yruma maintains a Neutral rating on Allbirds (NASDAQ:BIRD) and lowers the price target from $1.6 to $1.
March 13, 2024 | 11:43 am
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NEGATIVE IMPACT
Piper Sandler maintains a Neutral rating on Allbirds and lowers the price target from $1.6 to $1.
The reduction in price target by Piper Sandler suggests a bearish outlook on Allbirds' stock value in the short term, likely leading to negative investor sentiment and a potential decrease in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100