Bullishcharts

$AOBC Healthy upgrade for American Outdoor Brands

Long
NASDAQ:AOBC   None
Entry level $6.50 = Target price $8.00 = Stop loss $6.1
Stock sits well below its average analysts price target of $10.23 and at current levels may represent a good trade able opportunity short term
American Outdoor Brands rating change American Outdoor Brands upgraded to Buy on valuation, catalysts at Craig-Hallum. As previously reported, Craig-Hallum analyst Steven Dyer upgraded American Outdoor Brands to Buy from Hold, with an unchanged price target of $10. The analyst believes valuation is "extremely attractive" and thinks there is a compelling near-term opportunity with potential catalysts upcoming even though he continues to have concerns about a potential longer-term secular decline in firearms. Source Thefly

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