JP Morgan Downgrades Savers Value Village to Neutral, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss has downgraded Savers Value Village (NYSE:SVV) from Overweight to Neutral and lowered the price target from $21 to $12.
July 22, 2024 | 10:59 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
JP Morgan analyst Matthew Boss downgraded Savers Value Village (NYSE:SVV) from Overweight to Neutral and reduced the price target from $21 to $12.
The downgrade from Overweight to Neutral and the significant reduction in the price target from $21 to $12 by a major financial institution like JP Morgan is likely to negatively impact investor sentiment and the stock price of Savers Value Village in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100