B. Riley analyst Anna Glaessgen lowered the firm’s price target on Sportsman’s Warehouse (SPWH) to $3 from $4 and keeps a Buy rating on the shares. The firm is “encouraged” by Sportsman’s Warehouse’s same-store sales momentum seen since mid-December and is “pleased” to see continued share gains in the critical Hunting and Shooting Sports category, the analyst tells investors in a research note.
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