Xcel Brands, Inc. Announces First Quarter 2019 Results

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Xcel Brands (XELB) PT Raised to $5 at DA Davidson

May 15, 2019 8:51 AM EDT

DA Davidson analyst Michael Kawamoto raised the price target on Xcel Brands (NASDAQ: XELB) to $5.00 (from $4.00) while maintaining a Buy rating following the company's 1Q earnings report. XELB reported 1Q19 revenue and adjusted EPS of $10.3M and $0.08, compared to estimates of $11.0M and $0.05. Total... More