Leslie's, Inc. (LESL) Announces 12.5M Share Secondary Offering; 7.5M Concurrent Share Buyback
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Go back to Leslie's, Inc. (LESL) Announces 12.5M Share Secondary Offering; 7.5M Concurrent Share Buyback
December 15, 2021 7:30 AM EST
Leslies, Inc. (the Company or Leslies) (Nasdaq: LESL) today announced the pricing of an underwritten public offering of 12,500,000 shares of common stock (the Offering) by certain of the Companys non-management stockholders (the Selling Stockholders). The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1,875,000 shares of common stock. The Selling Stockholders will receive all of the proceeds from the Offering. Leslies is not offering any shares of its common stock in the Offering and will not receive any proceeds from the Offering, including from any exercise by the... More
December 10, 2021 8:42 AM EST
Piper Sandler analyst Peter Keith lowered the price target on Leslie's (NASDAQ: LESL) to $28.00 (from $34.00) while maintaining a Overweight rating.... More
December 10, 2021 8:22 AM EST
Jefferies analyst Jonathan Matuszewski lowered the price target on Leslie's (NASDAQ: LESL) to $35.00 (from $39.00) while maintaining a Buy rating.
The analyst commented, "Our view is simple and unchanged: secular growth drivers remain intact and company-specific initiatives are powerful. Despite tough comparisons from two... More
December 10, 2021 6:53 AM EST
Loop Capital analyst Garik Shmois raised the price target on Leslie's (NASDAQ: LESL) to $29.00 (from $24.00) while maintaining a Buy rating.... More
December 10, 2021 6:35 AM EST
Stifel analyst W. Andrew Carter raised the price target on Leslie's (NASDAQ: LESL) to $29.00 (from $28.00) while maintaining a Buy rating, following... More
