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KeyBanc Capital Markets Initiates Teavana Holdings Coverage: Buy, $28 PT

KeyBanc Capital Markets initiated coverage on Teavana Holdings (NYSE: TEA) with a $28 price target and Buy rating in a research report published today.

In the report, KeyBanc Capital Markets stated, "Teavana Holdings, Inc. (TEA-NYSE) has a strong combination of a distinctive store environment, attractive secular trends and a visible gross margin tail – we initiate with a BUY rating."

Shares of Teavana Holdings closed today at $20.99, down 5.87% from Wednesday's market close.

Posted-In: KeyBanc Capital MarketsAnalyst Color Price Target Initiation Analyst Ratings

 

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