Telsey Advisory Group Maintains Market Perform on Guess, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained a Market Perform rating on Guess (NYSE:GES) but lowered its price target from $26 to $21.
August 29, 2024 | 6:22 pm
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Telsey Advisory Group has maintained a Market Perform rating on Guess but lowered the price target from $26 to $21, indicating a less optimistic outlook.
The lowering of the price target from $26 to $21 by Telsey Advisory Group suggests a less optimistic view on Guess's future performance, which could negatively impact the stock price in the short term.
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