Telsey Advisory Group Maintains Market Perform Rating for Holley: Here's What You Need To Know


Telsey Advisory Group has decided to maintain its Market Perform rating of Holley HLLY and raise its price target from $2.50 to $3.00.

Shares of Holley are trading up 13.42% over the last 24 hours, at $3.08 per share.

A move to $3.00 would account for a 2.76% decrease from the current share price.

About Holley

Holley Inc is a designer, marketer, and manufacturer of high-performance automotive aftermarket products, featuring a portfolio of iconic brands serving the car and truck industry. It offers a diversified line of performance automotive products including fuel injection systems, tuners, exhaust products, carburetors, safety equipment and various other performance automotive products. The company's brands include Holley, APR, MSD and Flowmaster, among others. It derives revenue from the U.S. and Italy, of which prime revenue is derived from the U.S.

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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

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Posted In: Analyst RatingsBZI-AAR-UPDATE
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