Morgan Stanley analyst Alex Straton lowered the firm’s price target on Torrid (CURV) to $1.60 from $2 and keeps an Underweight rating on the shares. The firm updated its models for Torrid and a selection of other retailers following their Q2 earnings reports.
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Read More on CURV:
- Torrid price target lowered to $6 from $7 at BofA
- Torrid Holdings: Strategic Initiatives and Growth Potential Justify Buy Rating Despite Mixed Results
- Strategic Initiatives and Market Positioning Justify Buy Rating for Torrid Holdings Amid Challenges
- Torrid reports Q2 EPS 2c, consensus 3c
- Torrid sees Q3 revenue $235M-$245M, consensus $259.4M