Telsey Advisory analyst Dana Telsey reiterated a Buy rating on Waldencast Acquisition (WALD – Research Report) today and set a price target of $13.00. The company’s shares closed yesterday at $7.81.
According to TipRanks, Telsey is an analyst with an average return of -3.9% and a 37.82% success rate. Telsey covers the Consumer Goods sector, focusing on stocks such as Abercrombie Fitch, Chico’s FAS, and Deckers Outdoor.
Currently, the analyst consensus on Waldencast Acquisition is a Moderate Buy with an average price target of $12.25.
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WALD market cap is currently $844.4M and has a P/E ratio of -9.19.
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Waldencast Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
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