TD Cowen raised the firm’s price target on Brilliant Earth (BRLT) to $2.20 from $2 and keeps a Hold rating on the shares. The firm said they posted solid sales led by units and brand relevance but the bridal is still recovering.
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Read More on BRLT:
- Brilliant Earth Reports Strong Q2 Performance and Dividend
- Brilliant Earth Group: Balancing Strategic Growth with Revenue Challenges and Tariff Risks
- Brilliant Earth Group: Hold Rating Amid Strong Sales and Earnings but Declining Gross Margin
- Brilliant Earth Group Eliminates Debt, Strengthens Finances
- Brilliant Earth reports Q2 adjusted EPS 1c, consensus (1c)
