Telsey Advisory Group Maintains Market Perform Rating for Leslie's with Raised PT.

Telsey Advisory Group Maintains Market Perform Rating for Leslie's with Raised PT.

Telsey Advisory Group has maintained its Market Perform rating for Leslie's, Inc. (NASDAQ:LESL) while raising its price target. The latest update from the analyst firm, published on Thursday, August 7th, sets a new price target of $0.35, up from the previous target of $0.75 [1].

Leslie's, a direct-to-consumer pool and spa care brand, has faced a mixed analyst sentiment. The company's stock has received an average rating of "Reduce" from ten covering analysts, with one analyst rating it as a "sell" and nine rating it as "hold". The average 12-month price target among analysts is $1.60 [1].

Several analysts have recently provided updates on Leslie's. Wall Street Zen raised the stock to a "sell" rating, while Telsey Advisory Group lowered its price target and set a "market perform" rating. Other notable changes include Stifel Nicolaus raising the rating from "sell" to "hold" and Loop Capital decreasing its price objective from $4.00 to $1.00 [1].

The company's stock has been volatile, trading down 7.8% on Friday, July 25th, to $0.3160. The stock has a market cap of $58.65 million, a price-to-earnings ratio of -0.70, and a beta of 1.27 [1].

Hedge funds have also made notable changes to their positions in Leslie's. Mariner LLC bought a new position worth about $25,000 during the fourth quarter, while Engineers Gate Manager LP grew its position by 309.7% in the second quarter [1].

Institutional investors' interest in Leslie's has increased, with several hedge funds boosting their holdings in the stock. Wealth Enhancement Advisory Services LLC raised its position by 106.9% during the first quarter, while Pallas Capital Advisors LLC increased its holdings by 168.6% in the second quarter [1].

Leslie's operates in the pool and spa care market, offering a range of products and services. The company's latest financial data and analyst ratings indicate a period of transition and strategic evaluation for the stock.

References:
[1] https://www.marketbeat.com/instant-alerts/leslies-inc-nasdaqlesl-given-average-rating-of-reduce-by-analysts-2025-08-15/