DA Davidson analyst Michael Baker lowered the firm’s price target on Bob’s Discount Furniture (BOBS) to $22 from $24 and keeps a Buy rating on the shares. The company’s Q1 results were in line to a bit better than planned and the outlook was maintained, the analyst tells investors in a research note. The firm further notes there are still risks around housing, but trends have improved from the early-year storm pressures.
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Read More on BOBS:
- Bob’s Discount Furniture price target lowered to $14 from $16 at Baird
- Bob’s Discount Furniture price target lowered to $22 from $26 at JPMorgan
- Bob’s Discount Furniture reports Q1 adjusted EPS 9c, consensus 7c
- Bob’s Discount Furniture backs FY26 revenue view $2.6B-$2.625B, consensus $2.61B
- Bob’s Discount Furniture price target lowered to $24 from $27 at UBS