Telsey Analyst Stays Neutral on Sovos Brands Amid Market Perform Rating
Thursday, 29 February 2024, 09:15
Telsey Advisory Group Maintains Market Perform Rating on Sovos Brands
A recent report from Telsey Advisory Group has reaffirmed their Market Perform rating on Sovos Brands' stock, with a target price of $23.
Key Points:
- Neutral Stance: Telsey maintains a neutral view on Sovos Brands amidst market performance evaluation.
- Price Target: The set target price of $23 indicates expectations for the stock's future valuation.
In conclusion, the reaffirmation of the Market Perform rating by Telsey signals a stable outlook for Sovos Brands, with room for growth as indicated by the target price.
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