Telsey Advisory Group Maintains Market Perform on Zevia, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey has maintained a 'Market Perform' rating on Zevia (NYSE:ZVIA) but lowered the price target from $3 to $2.
May 09, 2024 | 1:16 pm
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Telsey Advisory Group maintains a 'Market Perform' rating on Zevia but lowers the price target from $3 to $2.
The reduction in price target by Telsey Advisory Group suggests a bearish outlook on Zevia's short-term price potential, likely due to factors not explicitly mentioned in the news but inferred from the price target adjustment. This could lead to a negative investor sentiment towards ZVIA in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100