EVINE Live (EVLV) Posts Surprise Q1 Loss

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Piper Jaffray Remains Bullish on EVINE Live (EVLV); Says Price Activity Presents 'Unique Entry Point'

May 21, 2015 8:28 AM EDT

Piper Jaffray reiterates an Overweight rating on EVINE Live Inc. (NASDAQ: EVLV), and lowered the price target to $5.00 (from $8.00) following FQ1 results. Analyst Neely Tamminga expects that Q2 and Q3 are going to be "flattish" followed by a re-acceleration in Q4, and todays price... More