Telsey Advisory Group Maintains Outperform on Westrock Coffee, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Sarang Vora maintains an Outperform rating on Westrock Coffee (NASDAQ:WEST) and raises the price target from $13 to $14.
May 10, 2024 | 12:36 pm
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POSITIVE IMPACT
Westrock Coffee's Outperform rating is maintained by Telsey Advisory Group, with a raised price target from $13 to $14, indicating positive analyst sentiment.
The increase in price target by Telsey Advisory Group reflects a positive outlook on Westrock Coffee's performance. Such analyst actions often lead to short-term positive sentiment in the market, potentially driving the stock price up as investors react to the analyst's upgraded view.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100