Telsey Advisory Group Reiterates Market Perform on Designer Brands, Maintains $10 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey reiterated a 'Market Perform' rating on Designer Brands (DBI) and maintained a $10 price target. This reaffirms the firm's neutral stance on the stock.
March 21, 2024 | 12:43 pm
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NEUTRAL IMPACT
Telsey Advisory Group reaffirmed a 'Market Perform' rating and a $10 price target on Designer Brands, indicating a neutral short-term outlook.
The reaffirmation of the 'Market Perform' rating and the maintenance of the $10 price target by Telsey Advisory Group suggests that the firm does not foresee significant short-term price movement for Designer Brands. This neutral stance likely reflects an assessment of the company's current valuation and market conditions.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90