William Blair upgraded Stitch Fix (SFIX) to Outperform from Market Perform without a price target after meeting with management. The company is moving out of the second phase its restructuring strategy and into a growth phase, aided by a return to revenue growth in the April quarter, which was a year ahead of prior guidance, the analyst tells investors in a research note. The firm believes Stitch Fix can sustain a return to active client growth further into fiscal 2026.
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