The Latest Breaking News from Telsey Advisory Group

Needham reduced WalkMe Ltd. (NASDAQ: WKME) price target from $40 to $20. WalkMe shares dropped 8.1% to close at $12.20 on Monday.

Telsey Advisory Group analyst Joseph Feldman lowered the price target on Dick's Sporting Goods Inc (NYSE:DKS) to $125 (65% upside) from $153 and kept an Outperform rating on the shares. The analyst expects DKS to have a challenging Q1 as it faces a shift in consumer spending away from discretionary categories, elevated freight costs, and…

Telsey Advisory Group reduced Walmart Inc. (NYSE: WMT) price target from $175 to $160. Walmart shares rose 0.1% to $131.48 in pre-market trading.

Telsey Advisory Group has decided to maintain its Outperform rating of Tapestry (NYSE:TPR) and lower its price target from $56.00 to $46.00. Shares of Tapestry are trading up 3.98% over the last 24 hours, at $31.85 per share. A move to $46.00 would account for a 44.43% increase from the…

Morgan Stanley analyst John Glass lowered the price target on Traeger Inc (NYSE:COOK) to $10 from $26 and maintained an Equal Weight rating on the shares. The revised price target implies a 31.23% upside. Glass noted grill demand appears to be softening post-COVID to a greater extent than previously expected. Traeger's shares are…

Nike Inc (NYSE: NKE) shares gained 4.3% on Tuesday after the company reported a fiscal third-quarter earnings beat, driven by strong North American demand in an uncertain international market.

Dana Telsey, CEO and chief research officer of Telsey Advisory Group, condensed what's happening in the markets to one letter Friday on "Benzinga Live."

Telsey Advisory Group cut the price target on Stitch Fix, Inc. (NASDAQ: SFIX) from $25 to $14. Stitch Fix shares fell 24.5% to $8.31 in pre-market trading.

Analysts raised their price target on Kroger Co (NYSE:KR) following the release of Q4 results. BMO Capital analyst Kelly Bania raised the price target to $57 from $41 and kept a Market Perform rating on the shares, implying a 2% downside. The analyst notes that the company's Q4 earnings beat was driven by strong comps,…