DA Davidson lowered the firm’s price target on Bob’s Discount Furniture (BOBS) to $24 from $26 and keeps a Buy rating on the shares after its in-line Q4 revenue. Weather is often seen as a pedestrian excuse for disappointing results, but there was a lot of snow in January and February, the analyst tells investors in a research note. The good news is that March has rebounded as Bob typically recaptures some of the weather-impacted sales, the firm added.
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Read More on BOBS:
- Bob’s Discount Furniture price target lowered to $25 from $26 at RBC Capital
- Bob’s Discount Furniture price target lowered to $16 from $22 at Baird
- Bob’s Discount Furniture price target lowered to $26 from $29 at JPMorgan
- Bob’s Discount Furniture reports Q4 adjusted EPS 35c, consensus 31c
- Bob’s Discount Furniture sees FY26 revenue $2.6B-$2.625B, consensus $2.62B