Barclays analyst Seth Sigman lowered the firm’s price target on Overstock.com to $16 from $19 and keeps an Equal Weight rating on the shares. The company’s Q3 was mixed with some early signs of gains on the back of the Bed Bath & Beyond transition, including customer and order growth, but also impacted by mix to lower ticket items and price compression weighing on revenue, the analyst tells investors in a research note.
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