Stifel Maintains Buy on Bowlero, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Steven Wieczynski maintains a Buy rating on Bowlero (BOWL) but lowers the price target from $19 to $17.

May 07, 2024 | 12:52 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Stifel maintains a Buy rating on Bowlero but lowers the price target from $19 to $17.
While the reduction in the price target from $19 to $17 by Stifel could suggest a more conservative outlook on Bowlero's stock value, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals and growth prospects. This mixed signal could lead to a neutral short-term impact on the stock price, as investors weigh the lowered price target against the positive outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100