Blue Apron warns on revenue growth, shares tumble
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Blue Apron (APRN) PT Lowered to $1.50 at RBC Capital
November 16, 2018 1:13 PM ESTRBC 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 ESTGuggenheim 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
