Telsey Advisory Group Maintains Outperform on Grove Collaborative Hldgs, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained an Outperform rating on Grove Collaborative Holdings (NYSE:GROV) but has lowered the price target from $3 to $2.
August 09, 2024 | 9:05 pm
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Telsey Advisory Group has maintained an Outperform rating on Grove Collaborative Holdings (NYSE:GROV) but has lowered the price target from $3 to $2.
The Outperform rating suggests continued confidence in the company's performance, but the lowered price target indicates some concerns about future growth or market conditions. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100