Citigroup Maintains Neutral on Solo Brands, Lowers Price Target to $1.35
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Chasen Bender maintains a Neutral rating on Solo Brands (NYSE:DTC) but lowers the price target from $2.5 to $1.35.
August 08, 2024 | 6:52 pm
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Citigroup analyst Chasen Bender maintains a Neutral rating on Solo Brands but lowers the price target from $2.5 to $1.35.
The lowered price target from $2.5 to $1.35 by Citigroup suggests a negative outlook on Solo Brands' future performance, which is likely to put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100