UBS analyst Mauricio Serna lowered the firm’s price target on Designer Brands (DBI) to $3 from $3.50 and keeps a Neutral rating on the shares. The “lackluster” Q1 report is likely to send Designer Brands’ stock lower, 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 DBI:
- Designer Brands Reports Challenging Q1 2025 Results
- Cautious Hold Rating on Designer Brands Amid Financial Challenges and Uncertain Turnaround
- U.S.-China talks continue, IBM making large-scale quantum computer: Morning Buzz
- Morning Movers: Insmed jumps, United Therapeutics falls after TPIP study results
- Designer Brands reports Q1 adjusted EPS (26c), consensus (6c)
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue