Stifel lowered the firm’s price target on Clarus (CLAR) to $5 from $6 and keeps a Buy rating on the shares. The firm is trimming estimates for a trio of lifestyle brands companies related to recent changes to Section 232 tariffs implemented on April 6.
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Read More on CLAR:
- Clarus Corp Balances Headwinds and Recovery in Earnings Call
- Clarus Corp’s Exclusive Forum Bylaw Concentrates Shareholder Lawsuits in Delaware, Raising Legal and Governance Risk
- Clarus price target lowered to $3 from $3.50 at Lake Street
- Clarus price target lowered to $6 from $7 at Stifel
- Clarus sees FY26 revenue $255M-$265M, consensus $263.02M