DA Davidson raised the firm’s price target on Build-A-Bear (BBW) to $60 from $50 and keeps a Buy rating on the shares after its Q1 results. The company reported a beat on both the top and bottom lines, with strength in each segment, along with gross margin expansion with fewer discounts, while its store growth continues to be led by international partners, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BBW:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue