Mizuho lowered the firm’s price target on Leslie’s (LESL) to $1 from $3 and keeps a Neutral rating on the shares. Citing calendar Q1 earnings season, updated financial guidance, and Q2-to-date commentary, the firm is tightening its estimates for a number of companies in its retailing broadlines and hardlines coverage.
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Read More on LESL:
- Joint Corp. CFO Jake Singleton departs, Scott Bowman succeeds
- Leslie’s Financial Struggles: Sell Rating Due to Revenue Shortfall and Market Share Challenges
- Leslie’s, Inc. Earnings Call: Mixed Sentiment Amid Strategic Moves
- Leslie’s price target lowered to $1.25 from $3 at Telsey Advisory
- Leslie’s price target lowered to $1 from $4 at Loop Capital