Blue Apron (APRN) August weekly option implied volatility above 300 into EPS and outlook
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Blue Apron (APRN) PT Lowered to $1.30 at Morgan Stanley Following 2Q
August 3, 2018 7:50 AM EDTMorgan Stanley lowered its price target on Blue Apron (NYSE: APRN) to $1.30 (from $1.90) while maintaining an Equalweight rating following the company's 2Q earnings report. APRN's 2Q results disappointed, as a 6% miss on revenue ($179.6mn) overshadowed in-line adj. EBITDA (-$17.5mn). Revenue was negatively impacted... More
