National Vision Holdings (EYE) PT Raised to $70 at Jefferies

October 15, 2021 8:40 AM EDT
Get Alerts EYE Hot Sheet
Price: $46.95 -1.72%

Rating Summary:
    7 Buy, 5 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 14 | Down: 15 | New: 62
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Jefferies analyst Stephanie Wissink raised the price target on National Vision Holdings (NASDAQ: EYE) to $70.00 (from $63.00) while maintaining a Buy rating.

The analyst commented, "We are updating our EYE model ahead of the Q3 print to better reflect continued momentum in the business, validated by positive trends in our Consumer Healthcare Foot Traffic Tracker (link). Top line guidance embeds a level of demand moderation from positive trends seen early in Q3; consumer mobility data points suggest an absence of such moderation. On a relative basis, EYE is gaining share. Given upside potential, we are extending our multiple and PT to $70."

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