UPDATE: Goldman Sachs Downgrades Blue Apron (APRN) to Neutral

Go back to UPDATE: Goldman Sachs Downgrades Blue Apron (APRN) to Neutral

Blue Apron (APRN) PT Lowered to $11 at Canaccord Genuity

August 11, 2017 9:40 AM EDT

Canaccord Genuity lowered its price target on Blue Apron (NYSE: APRN) to $11.00 (from $14.00) while maintaining a Buy rating. Blue Apron reported its first quarter as a public company with mixed customer metrics but slight beats on revenue and EBITDA vs. consensus.

The... More

UPDATE: Oppenheimer Downgrades Blue Apron (APRN) to Perform

August 11, 2017 6:59 AM EDT

(Updated - August 11, 2017 9:12 AM EDT)

(updated to add analyst comment)

Oppenheimer downgraded Blue Apron (NYSE: APRN) from Outperform to Perform.

Analyst Jason Helfstein believes the company is focused on operating without raising new capital which likely leads to lower... More

SunTrust Robinson Humphrey Downgrades Blue Apron (APRN) to Hold

August 11, 2017 4:59 AM EDT

SunTrust Robinson Humphrey downgraded Blue Apron (NYSE: APRN) from Buy to Hold with a price target of $5.50 (from $12.00).

Analyst Youssef Squali says the management team is focused on improving execution velocity but believes the slowdown in business momentum shines a light on the... More

Blue Apron (APRN) PT Lowered to $8 at RBC Capital

August 10, 2017 4:26 PM EDT

RBC Capital lowered its price target on Blue Apron (NYSE: APRN) to $8.00 (from $10.00) while maintaining a Outperform rating following the company's 2Q. APRN reported revenue of $238MM, above the Street's $236MM estimate. Upside for the beat was driven by slightly better Average Order... More

Blue Apron (APRN) PT Lowered to $8 at Stifel Following 2Q

August 10, 2017 2:23 PM EDT

Stifel lowered its price target on Blue Apron (NYSE: APRN) to $8.00 (from $10.00) while maintaining a Buy rating following the company's 2Q release. APRN reported revenue of $238mm, ~1% above consensus estimates. Adjusted EBITDA loss of -$23.9mm was ~2% ahead of consensus estimates.... More