Clarus price target lowered to $6 from $7 at Stifel

Stifel lowered the firm’s price target on Clarus (CLAR) to $6 from $7 and keeps a Buy rating on the shares. The firm’s thesis of underappreciated brand assets persists despite what it calls “relatively disappointing” Q4 results and a FY26 outlook that calls for flattish revenue growth, but better margin development.