Lake Street analyst Mark Smith lowered the firm’s price target on American Outdoor Brands (AOUT) to $19 from $20 and keeps a Buy rating on the shares after the company reported fourth quarter results. Given the $8-$10M in Q4 pull-forward and evolving demand visibility, American Outdoor withdrew its FY26 sales guidance, but reiterated its long-term strategy and margin targets, notes the analyst, who has adjusted Q1 and FY26 models “accordingly.”
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