DA Davidson Downgrades 1-800-Flowers.com to Underperform, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
DA Davidson has downgraded 1-800-Flowers.com (NASDAQ:FLWS) from Neutral to Underperform and lowered the price target from $9 to $8.
July 17, 2024 | 12:39 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
DA Davidson has downgraded 1-800-Flowers.com from Neutral to Underperform and reduced the price target from $9 to $8, indicating a negative outlook.
The downgrade from Neutral to Underperform and the reduction in the price target from $9 to $8 by DA Davidson suggests a negative outlook for 1-800-Flowers.com. This is likely to result in a short-term decline in the stock price as investors react to the lowered expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100