National Vision Holdings (EYE) PT Lowered to $18 at Loop Capital

Loop Capital analyst Anthony Chukumba lowered the price target on National Vision Holdings (NASDAQ: EYE) to $18.00 (from $25.00) while maintaining a Buy rating.

The analyst commented: "While National Vision's 2Q 2024 results were ahead of our expectations, management not only reduced its 2024 guidance but also tempered expectations for 2025 profitability. While we continue to believe National Vision's current issues are largely cyclical (most notably, stretched low-income consumers), it is becoming increasingly clear to us there are no "easy or quick" fixes for the company's current travails. Thus, we are lowering our price target to $18 from $25 while maintaining our Buy rating."

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