BofA initiated coverage of Bob’s Discount Furniture (BOBS) with a Buy rating and $28 price target Bob’s is one of the fastest growing furniture retailers in the U.S., notes the analyst, who points out that the company outperformed the industry in most quarters over the last three years and says “that performance should continue.”
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Read More on BOBS:
- Bob’s Discount Furniture: Undervalued Growth Story Backed by Aggressive Store Expansion and Strong Unit Economics
- Bob’s Discount Furniture: High-Return Store Model and Long-Term Expansion Drive Buy Rating and Multiple Upside
- Bob’s Discount Furniture initiated with a Buy at UBS
- Bob’s Discount Furniture initiated with an Outperform at RBC Capital
- Bob’s Discount Furniture initiated with an Overweight at Morgan Stanley