What To Know About Telsey Advisory Group's Downgrade of a.k.a. Brands Holding

Telsey Advisory Group downgraded its rating of a.k.a. Brands Holding AKA to Market Perform with a price target of $2.00, changing its price target from $4.00 to $2.00.

Shares of a.k.a. Brands Holding are trading down 30.08% over the last 24 hours, at $0.93 per share.

A move to $2.00 would account for a 115.05% increase from the current share price.

About a.k.a. Brands Holding

a.k.a. Brands Holding Corp is a portfolio of online fashion brands built for the next generation of consumers. Through portfolio of high-growth, digitally-focused global brands, it reach a broad audience across accessible price points and varied styles. The current brands all share a common focus on Millennial and Gen Z consumers who seek fashion inspiration on social media and primarily shop online and via mobile devices.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.