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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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