Mizuho analyst David Bellinger lowered the firm’s price target on Leslie’s (LESL) to $4 from $5 and keeps a Neutral rating on the shares following the fiscal Q4 report. The company’s fiscal 2026 revenue and EBITDA guidance brackets consensus, but the midpoint skews lower than expectations, the analyst tells investors in a research note. The firm says Leslie’s outlined a path toward “financial recovery” and right-sizing the business.
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