Analyst Encourage the Purchase of Allbirds Stock Despite its Recent Tumble

Allbirds (NASDAQ: BIRD) shares tanked 50% from their recent highs on November 3, however, according to Morgan Stanley, it is the perfect time to buy the stock. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”BIRD” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”BIRD” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; height: 300px;”] “Valuation appears compelling, at ~4 times consensus 2023 …

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