B of A Securities Maintains Underperform on Carter's, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained an Underperform rating on Carter's (NYSE:CRI) and lowered the price target from $65 to $54.
July 29, 2024 | 12:09 pm
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NEGATIVE IMPACT
B of A Securities has maintained an Underperform rating on Carter's and lowered the price target from $65 to $54, indicating a bearish outlook.
The maintained Underperform rating and lowered price target from $65 to $54 by B of A Securities suggest a negative outlook for Carter's. This could lead to a short-term decline in the stock price as investors react to the bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100