Mizuho Initiates Coverage On Stitch Fix with Underperform Rating, Announces Price Target of $2
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst David Bellinger initiates coverage on Stitch Fix (NASDAQ:SFIX) with an Underperform rating and a price target of $2.
March 19, 2024 | 3:11 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Mizuho initiated coverage on Stitch Fix with an Underperform rating and set a price target of $2.
The initiation of coverage by Mizuho with an Underperform rating and a low price target of $2 suggests a bearish outlook for Stitch Fix. This could lead to negative investor sentiment and potentially drive the stock price down in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100