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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- 3 Best Stocks to Buy Now, 8/11/2023, According to Top Analysts
- Savers Value Village sees FY23 revenue roughly $1.51B, consensus $1.51B
- Savers Value Village reports Q2 adjusted EPS 22c, consensus 17c
- Savers Value Village initiated with an Outperformer at CIBC
- Savers Value Village initiated with a Buy at Guggenheim
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