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Savers Value Village price target raised to $28 from $27 at Baird

Savers Value Village price target raised to $28 from $27 at Baird

Baird analyst Mark Altschwager raised the firm’s price target on Savers Value Village to $28 from $27 and keeps an Outperform rating on the shares. The firm noted in its inaugural earnings report, Savers delivered upside to sales and Adjusted EBITDA expectations and issued annual guidance slightly above Street estimates; and Baird’s estimates are edging higher, essentially flowing through Q2 upside.

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