Telsey Advisory Thinks Marquee Raine Acquisition’s Stock is Going to Recover

Telsey Advisory analyst Joe Feldman maintained a Buy rating on Marquee Raine Acquisition (ENJYResearch Report) today and set a price target of $6.00. The company’s shares closed last Wednesday at $3.75, close to its 52-week low of $2.69.

According to, Feldman is a 5-star analyst with an average return of 15.2% and a 59.2% success rate. Feldman covers the Consumer Goods sector, focusing on stocks such as Floor & Decor Holdings, Bed Bath & Beyond, and Party City Holdco.

Currently, the analyst consensus on Marquee Raine Acquisition is a Moderate Buy with an average price target of $6.10.

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Marquee Raine Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.

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