BofA analyst Robert Ohmes raised the firm’s price target on National Vision (EYE) to $35 from $30 and keeps a Buy rating on the shares. Key takeaways from the firm hosting a store tour at America’s Best include: the expanded assortment should drive average ticket sales; technology and training are helping high-income customer growth, and; remote exams improve flexibility and efficiency. The firm added that multiple initiatives for National Vision are working, and support upside potential.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for 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 EYE: