Blue Apron warns on revenue growth, shares tumble

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Go back to Blue Apron warns on revenue growth, shares tumble

Blue Apron (APRN) PT Lowered to $1.50 at RBC Capital

November 16, 2018 1:13 PM EST

RBC Capital analyst Mark Mahaney lowered the price target on Blue Apron (NYSE: APRN) to $1.50 (from $2.00) while maintaining a Sector Perform rating.

Mahaney said with fundamentals in the core business still weak, and with the company calling for declining revenue growth in 19 they are... More

Guggenheim Downgrades Blue Apron (APRN) to Neutral

November 15, 2018 6:13 AM EST

Guggenheim analyst Matthew DiFrisco downgraded Blue Apron (NYSE: APRN) from Buy to Neutral.

The analyst commented, "We are downgrading shares to NEUTRAL from BUY and removing our price target as our outlook for 2019 sales is lowered and our confidence in APRN's ability to stabilize... More