Baird Maintains Neutral on Traeger, Raises Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Peter Benedict maintains a Neutral rating on Traeger (NYSE:COOK) and raises the price target from $2.5 to $3.
August 07, 2024 | 3:29 pm
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Baird analyst Peter Benedict maintains a Neutral rating on Traeger and raises the price target from $2.5 to $3.
The raised price target from $2.5 to $3 suggests a positive outlook, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100