DA Davidson keeps a Buy rating with a $7 price target on Funko (FNKO) but has added the stock to the firm’s “Stampede list”, citing “Equity/Debt Recapitalization” as a potential catalyst. The tariff and management related headwinds that Funko has faced so far create a challenging setup for 2025, but should provide easier growth comparisons in 2026, the analyst tells investors in a research note. Funko should sell their Loungefly segment and use the proceeds to pay down debt, the firm added.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FNKO:
- Funko Amends Credit Agreement with JPMorgan Chase
- Funko’s Leadership Transition and Strategic Stability Under Interim CEO Lunsford Supports Buy Rating
- Funko Announces New Interim CEO Michael Lunsford
- Funko CEO Cynthia Williams departs, Michael Lunsford named interim CEO
- DA Davidson research director holds a bison roundup conference call
