Purple Innovation (PRPL) Misses Q3 EPS by 10c, Guidance Falls Short of Consensus

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UBS Downgrades Purple Innovation (PRPL) to Neutral

November 10, 2021 4:47 AM EST

UBS analyst Atul Maheswari downgraded Purple Innovation (NASDAQ: PRPL) from Buy to Neutral with a price target of $32.00 (from $15.00).

The analyst comments "ontinue to believe that the co. offers a unique product that should enable it to gain
share over... More