UBS lowered the firm’s price target on Purple Innovation (PRPL) to 85c from $1 and keeps a Neutral rating on the shares.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PRPL:
- Purple Innovation Warns of ‘Going Concern’ Risk Amid Mounting Losses and Liquidity Strains
- Purple Innovation Extends Credit Facility Amid Profitability Gains
- Purple Innovation reports Q4 EPS (3c), consensus (5c)
- Purple Innovation sees 2026 revenue $500M-$520M, consensus $527.23M
- Purple Innovation sees Q1 revenue $100M-$105M, consensus $120.73M