Zevia PBC (ZVIA) Reports In-Line Q1 EPS, provides guidance

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Zevia PBC (ZVIA) PT Lowered to $2 at Telsey

May 9, 2024 5:18 AM EDT

Telsey analyst Dana Telsey lowered the price target on Zevia PBC (NYSE: ZVIA) to $2.00 (from $3.00) while maintaining a Market Perform rating.

The analyst comments "Zevia reported a mixed 1Q24 result with an inline sales decline of (10%), but worse adjusted EBITDA of... More