Redburn Atlantic Downgrades Vestis to Neutral, Announces $13.4 Price Target
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic analyst Oliver Davies downgrades Vestis (NYSE:VSTS) from Buy to Neutral with a new price target of $13.4.

May 07, 2024 | 9:39 am
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NEUTRAL IMPACT
Vestis downgraded from Buy to Neutral by Redburn Atlantic with a price target of $13.4.
The downgrade from Buy to Neutral by a notable analyst could lead to a neutral short-term impact on Vestis's stock price. The setting of a specific price target provides a benchmark for investors but does not necessarily indicate a significant positive or negative movement, hence the neutral score. The high relevance, importance, and confidence scores are due to the direct mention of Vestis and the specific action taken by the analyst.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100