TD Cowen lowered the firm’s price target on Waldencast (WALD) to $3.40 from $4.30 and keeps a Hold rating on the shares. The firm updated its model following Q4 results which saw weaker than expected guidance but may provide for a better setup for the shares in 2025.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WALD:
- Waldencast Acquisition: Hold Rating Amid Near-Term Challenges and Long-Term Potential
- Waldencast price target lowered to $5 from $6 at Telsey Advisory
- Waldencast Reports Strong Growth in 2024 Earnings
- Morning Movers: Ollie’s Bargain Outlet gains, General Mills slips after earnings
- Waldencast plc Releases Q4 2024 Financial Results