Citigroup Upgrades Solo Brands to Buy, Raises Price Target to $20
Citigroup analyst Wendy Nicholson upgrades Solo Brands (NYSE:DTC) from Neutral to Buy and raises the price target from $17 to $20.
35 Stocks Moving In Wednesday’s Mid-Day Session
Gainers
Insignia Systems, Inc. (NASDAQ: ISIG) shares jumped 79% to $18.63. Insignia Systems recently announced the commencement of a formal process to explore strategic options to maximize shareholder value, including potential merger or acquisition.
Solo Brands Q3 EPS $0.00, Sales $69.40M Beat $68.06M Estimate
Solo Brands (NYSE:DTC) reported quarterly sales of $69.40 million which beat the analyst consensus estimate of $68.06 million by 1.97 percent.
Earnings Scheduled For December 8, 2021
Companies Reporting Before The Bell
• CooTek (Cayman) (NYSE:CTK) is projected to report quarterly earnings at $0.01 per share on revenue of $82.50 million.
Key Black Friday Takeaways For Academy Sports, Dick’s & Other Leisure Brands
Black Friday is one of the biggest shopping days of the year for leisure brands and retailers. Bank of America made store visits in New York, New Jersey and Texas, and analyst Robert Ohmes said in a note there were a number of key takeaways for leisure investors.
Jefferies Initiates Coverage On Solo Brands with Buy Rating, Announces Price Target of $30
Jefferies analyst Randal Konik initiates coverage on Solo Brands (NYSE:DTC) with a Buy rating and announces Price Target of $30.
Piper Sandler Initiates Coverage On Solo Brands with Overweight Rating, Announces Price Target of $23
Piper Sandler analyst Peter Keith initiates coverage on Solo Brands (NYSE:DTC) with a Overweight rating and announces Price Target of $23.
