Leslie’s price target lowered to $1.25 from $3 at Telsey Advisory

Telsey Advisory lowered the firm’s price target on Leslie’s (LESL) to $1.25 from $3 and keeps a Market Perform rating on the shares. While the firm likes to hear of the strategic efforts and messaging delivered by the company’s leadership team, the firm believes visibility into trends going into this year are clouded, the analyst tells investors.