Citigroup Maintains Sell on Carter's, Lowers Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has maintained a Sell rating on Carter's (NYSE:CRI) and lowered the price target from $66 to $64.
April 18, 2024 | 4:16 pm
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NEGATIVE IMPACT
Citigroup maintains a Sell rating on Carter's and reduces the price target from $66 to $64.
The reduction in price target by Citigroup, accompanied by a maintained Sell rating, suggests a negative outlook on Carter's stock. This could lead to a decrease in investor confidence and potentially lower stock prices in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100