The Container Store (TCS) PT Slashed at BofA/Merrill Lynch
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Price: $2.65 --0%
Rating Summary:
2 Buy, 6 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
Rating Summary:
2 Buy, 6 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
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BofA/Merrill Lynch analyst Denise Chai cut estimates and her price target on Underperform-rated The Container Store (NYSE: TCS) to $21.00 (from $26.00) following the disappointing Q1 results and lower outlook.
Chai said despite the lowered outlook they see more downside.
For an analyst ratings summary and ratings history on The Container Store click here. For more ratings news on The Container Store click here.
Shares of The Container Store closed at $27.07 yesterday.
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