Vince Holding price target raised to $4.50 from $2.50 at Noble Capital

Noble Capital analyst Michael Kupinski raised the firm’s price target on Vince Holding (VNCE) to $4.50 from $2.50 and keeps an Outperform rating on the shares after the company reported Q2 revenue that “modestly” beat the firm’s estimate and adjusted EBITDA that “strongly outperformed” the firm’s forecast. Following the Q2 report and Q3 guidance, the firm is raising its FY25 revenue and adjusted EBITDA forecasts.