JPMorgan analyst Christopher Horvers lowered the firm’s price target on Bob’s Discount Furniture (BOBS) to $22 from $26 and keeps an Overweight rating on the shares. The firm, which says it would “remain buyers of the stock” after earnings, applies a revised multiple to its 2027 forecasts, reflecting the recent de-rating of key comparable companies and higher rates.
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Read More on BOBS:
- 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
- Bob’s Discount Furniture price target lowered to $18 from $25 at RBC Capital
- Bob’s Discount Furniture Expands and Extends Revolving Credit Facility