Purple Innovation (PRPL) Misses Q4 EPS by 4c, Revenues Miss; Offers FY21 Revenue Guidance Above Consensus, 1Q Revenue Views Below Consensus

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Go back to Purple Innovation (PRPL) Misses Q4 EPS by 4c, Revenues Miss; Offers FY21 Revenue Guidance Above Consensus, 1Q Revenue Views Below Consensus

Purple Innovation (PRPL) PT Lowered to $32 at BofA Securities

March 5, 2021 6:51 AM EST

BofA Securities analyst Curtis Nagle lowered the price target on Purple Innovation (NASDAQ: PRPL) to $32.00 (from $42.00) while maintaining a Buy rating.

Rev deceleration adds some caution but LT story intact... More