Barnes & Noble (BKS) Misses Q1 EPS by 14c, Revenues Miss

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Barnes & Noble (BKS) PT Lowered to $5 at Craig-Hallum; Guidance 'Aspirational'

September 6, 2018 12:40 PM EDT

Craig-Hallum analyst Alex Fuhrman lowered the price target on Barnes & Noble (NYSE: BKS) to $5.00 (from $6.00) while maintaining a Neutral rating.

Fuhrman said guidance looks more like an aspiration than a projection, with management expecting positive Holiday comps after 10 straight quarters of declines.

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