Telsey Advisory raised the firm’s price target on a.k.a. Brands (AKA) to $13 from $10 and keeps a Market Perform rating on the shares. While the firm believes the company is positioned to return to growth, long-term profitability visibility remains limited and the retail environment continues to be highly competitive, the analyst tells investors.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AKA: