Telsey Advisory Group Maintains Market Perform on Hibbett, Raises Price Target to $87.5
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has maintained a 'Market Perform' rating on Hibbett (NASDAQ:HIBB) and increased the price target from $74 to $87.5.

April 23, 2024 | 2:41 pm
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Telsey Advisory Group has maintained a 'Market Perform' rating on Hibbett and raised the price target from $74 to $87.5, indicating a positive outlook on the stock.
The increase in price target by Telsey Advisory Group suggests a positive outlook on Hibbett's financial performance and stock potential. This adjustment reflects an expectation of stronger future performance or market positioning, likely leading to increased investor confidence and potentially a short-term uptick in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100