Lake Street lowered the firm’s price target on Clarus (CLAR) to $4 from $5 and keeps a Buy rating on the shares after the company reported “mixed” Q1 results and withdrew its FY25 guidance due to macroeconomic uncertainty and tariff risks. The firm is lowering its target due to the difficult operating environment and uncertainty in the outlook, the analyst tells investors.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CLAR: