Truist initiated coverage of Aritzia (ATZAF) with a Buy rating and C$95 price target The firm believes the high-end women’s fashion retailer is well positioned to outperform investor expectations, even in a choppy macro environment. Aritzia is still in the “very early innings” of digital expansion, which the firm sees leading to material growth, the analyst added.
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Read More on ATZAF:
- Aritzia’s Strong U.S. Expansion and Web Traffic Growth Drive ‘Buy’ Rating
- Aritzia’s Earnings Call Highlights Robust Growth and Strategic Expansion
- Aritzia price target raised to C$87 from C$78 at Raymond James
- Aritzia price target raised to C$87 from C$79 at CIBC
- Aritzia price target raised to C$82 from C$67 at Stifel
