SmileDirectClub Inc. (SDC) PT Lowered to $4 at Loop Capital
Tweet
Share
E-mail
Get Alerts SDC Hot Sheet
Price: $0.08 --0%
Rating Summary:
3 Buy, 9 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 5
Rating Summary:
3 Buy, 9 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 5
Join SI Premium – FREE
Loop Capital analyst Laura Champine lowered the price target on SmileDirectClub Inc. (NASDAQ: SDC) to $4.00 (from $6.00) while maintaining a Hold rating.
The analyst stated "We are adjusting our estimates lower to account for the Q3 miss and lower full year guidance. Our sales estimate is $117 million below prior consensus for 2021. Our bottom-line cuts are also extensive, as we see pressure on GM, marketing, and G&A expense relative to our prior estimates."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Freedom Broker Downgrades Gentherm Incorporated (THRM) to Hold
- Canadian National Railway (CNI) PT Raised to $139 at Evercore ISI
- Selective Insurance Group (SIGI) PT Raised to $115 at Oppenheimer
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
