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The upgrade and target indicate a bullish analyst view, though analyst targets are opinions and do not guarantee returns.
What happened, with direct paths to the underlying reporting
Piper Sandler upgraded COLD to Overweight and set a $19 price target, about 19% above the posted price of $15.90.
Target: $19
Posted price: $15.9
Analyst firm: Piper Sandler
Analyst: Alexander Goldfarb
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