Telsey Advisory lowered the firm’s price target on Leslie’s (LESL) to 75c from $1.25 and keeps a Market Perform rating on the shares. The company preannounced worse-than-expected sales for Q3 and withdrew its guidance for FY25, the analyst tells investors. The company shows “no clear signs” of a return to positive sales growth in the near term and visibility into trends for the remainder of the pool season remain clouded, the firm adds.
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