WesB1999

Buy CCX with target of 3.90

Long
ASX:CCX   CITY CHIC COLLECTIVE LIMITED
Buy today at $3.23
Just announced the acquisition of Evans, which ads $40m topline revenue (20%). Expected earnings accretive in first year.
Price target in short term is just shy of all time highs at 3.90 = +20%
Support at $2.80 =. -13%
Why I like them.
Digitally focused, Global expansion, strong balance sheet and cash flows, growing market segment (plus size).

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