UPDATE: Noble Capital Starts Vera Bradley (VRA) at Outperform

June 16, 2022 7:38 AM EDT
Get Alerts VRA Hot Sheet
Price: $5.80 +4.50%

Rating Summary:
    5 Buy, 10 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 24 | New: 19
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(Updated - June 16, 2022 7:39 AM EDT)

Noble Capital analyst Joseph Gomes Jr. initiates coverage on Vera Bradley (NASDAQ: VRA) with a Outperform rating and a price target of $8.00.

The analyst comments "We are initiating research coverage on Vera Bradley, Inc. with an Outperform rating and an $8.00 12-month price target. Vera Bradley is the owner of two unique lifestyle brands. With the recent overall market sell-off, VRA shares are selling at all-time lows, outside of the COVID induced panic in mid-2020. With significant organic and inorganic growth opportunities, we believe VRA shares present an attractive risk/reward situation."

For an analyst ratings summary and ratings history on Vera Bradley click here. For more ratings news on Vera Bradley click here.

Shares of Vera Bradley closed at $4.76 yesterday.

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