National Vision Holdings (EYE) PT Lowered to $25 at Loop Capital

Loop Capital analyst Anthony Chukumba lowered the price target on National Vision Holdings (NASDAQ: EYE) to $25.00 (from $28.00) while maintaining a Buy rating.

The analyst commented: "National Vision's 1Q 2024 results were ahead of our expectations, and management reiterated its 2024 guidance. We were also encouraged to hear about the planned rollout of remote eye exams to the state of Texas. All that said, the company's core low-income customers remain pressured by stubbornly high US inflation and rising gasoline prices, which we think places management's 2025 financial targets at risk. Thus, we are lowering our National Vision price target to $25 from $28 but reiterate our Buy rating."

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