Oppenheimer Reiterates an 'Outperform' on Black Diamond (BDE); Meeting Shows Three Growth Opportunities
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Price: $6.65 --0%
Rating Summary:
3 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 10 | Down: 18 | New: 16
Rating Summary:
3 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 10 | Down: 18 | New: 16
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Oppenheimer reiterates an 'Outperform' on Black Diamond (NASDAQ: BDE) price target raised from $10 to $12.
Analyst, Joseph Altobello, said, "Our recent meeting with BDE senior management solidified our bullish stance on the shares, which is based on our belief that the company has at least three meaningful growth opportunities, while near-term results are meaningfully understated owing to investments in long-term growth initiatives."
Altobello cites tailwinds from a secular perspective, positioned for M&A to consolidate in sector and apparel launch.
For an analyst ratings summary and ratings history on Black Diamond click here. For more ratings news on Black Diamond click here.
Shares of Black Diamond closed at $9.32 yesterday.
Analyst, Joseph Altobello, said, "Our recent meeting with BDE senior management solidified our bullish stance on the shares, which is based on our belief that the company has at least three meaningful growth opportunities, while near-term results are meaningfully understated owing to investments in long-term growth initiatives."
Altobello cites tailwinds from a secular perspective, positioned for M&A to consolidate in sector and apparel launch.
For an analyst ratings summary and ratings history on Black Diamond click here. For more ratings news on Black Diamond click here.
Shares of Black Diamond closed at $9.32 yesterday.
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