DA Davidson Maintains Buy on Destination XL Group, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Baker maintains a Buy rating on Destination XL Group (NASDAQ:DXLG) but lowers the price target from $6 to $4.
August 30, 2024 | 7:43 pm
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NEUTRAL IMPACT
DA Davidson's analyst Michael Baker continues to recommend buying Destination XL Group stock but has reduced the price target from $6 to $4, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in DXLG's potential, but the lowered price target reflects a more cautious stance on its short-term performance. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100