Traeger price target lowered to $1.50 from $1.75 at Telsey Advisory

Telsey Advisory lowered the firm’s price target on Traeger (COOK) to $1.50 from $1.75 and keeps a Market Perform rating on the shares. The company has yet to return to growth following the pandemic, the analyst tells investors. The firm believes it will likely take a stronger consumer environment for the company’s sales growth to accelerate.