UPDATE: Goldman Sachs Downgrades Blue Apron (APRN) to Neutral
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Blue Apron (APRN) PT Lowered to $11 at Canaccord Genuity
August 11, 2017 9:40 AM EDTCanaccord 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 EDTSunTrust 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 EDTRBC 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 EDTStifel 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
