Telsey Advisory lowered the firm’s price target on Westrock Coffee (WEST) to $7 from $10 and keeps an Outperform rating on the shares. While the firm likes the expansion of production at Conway, Arizona, Telsey is disappointed by the potential loss of a key customer, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WEST:
