Telsey Advisory Group Maintains Market Perform on Big Lots, Lowers Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained a Market Perform rating on Big Lots (NYSE:BIG) but has lowered the price target from $5 to $2.5.
June 07, 2024 | 12:06 pm
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NEGATIVE IMPACT
Telsey Advisory Group has maintained a Market Perform rating on Big Lots but has significantly lowered the price target from $5 to $2.5.
The significant reduction in the price target from $5 to $2.5 by Telsey Advisory Group suggests a negative outlook on Big Lots' future performance. This is likely to put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100