UPDATE: Telsey Starts Allbirds Inc (BIRD) at Outperform
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Allbirds (BIRD) Stock Up as Street Starts New Coverage With Mostly Bullish Ratings
November 29, 2021 9:23 AM ESTAt least 12 Street analysts initiated research coverage of Allbirds (NASDAQ: BIRD) with 9 starting at Buy or equivalent and 3 at Neutral.
The eco-friendly company that sells footwear started trading earlier this month in a hugely impressive debut.
Allbirds shares opened at $21.21 on November 21 after selling 20.2 million shares a day earlier at $15.00 apiece. The company previously marketed shares at $12.00 to $14.00.
Shares closed at $28.64 on the first day to mark a 90% surge compared to the IPO price. Allbirds... More
Guggenheim Starts Allbirds Inc (BIRD) at Buy
November 29, 2021 3:40 AM ESTGuggenheim analyst Robert Drbul initiates coverage on Allbirds Inc (NASDAQ: BIRD) with a Buy rating and a price target of $30.00.
For an analyst ratings summary and ratings history on Allbirds Inc click here. For more ratings news on Allbirds Inc click here.
Shares of Allbirds Inc closed at $18.81 yesterday.
... MoreUPDATE: KeyBanc Starts Allbirds Inc (BIRD) at Overweight
November 29, 2021 3:35 AM EST(Updated - November 29, 2021 4:40 AM EST)
KeyBanc analyst Edward Yruma initiates coverage on Allbirds Inc (NASDAQ: BIRD) with a Overweight rating and a price target of $28.00.
The analyst comments "We think Allbirds combination of compelling product, omnichannel model, and most importantly,... More
UPDATE: Baird Starts Allbirds Inc (BIRD) at Outperform
November 29, 2021 3:34 AM EST(Updated - November 29, 2021 6:43 AM EST)
Baird analyst Mark Altschwager initiates coverage on Allbirds Inc (NASDAQ: BIRD) with a Outperform rating and a price target of $26.00.
The analyst comments "At just ~6 years old and $250 million in revenue, Allbirds is a mission-driven... More
UPDATE: Piper Sandler Starts Allbirds Inc (BIRD) at Overweight
November 29, 2021 3:33 AM EST(Updated - November 29, 2021 4:54 AM EST)
Piper Sandler analyst Erinn Murphy initiates coverage on Allbirds Inc (NASDAQ: BIRD) with a Overweight rating and a price target of $26.00.
The analyst comments "We are initiating coverage of Allbirds (BIRD, $3.1B) with an... More
UPDATE: Stifel Starts Allbirds Inc (BIRD) at Buy
November 29, 2021 3:28 AM EST(Updated - November 29, 2021 6:20 AM EST)
Stifel analyst Jim Duffy initiates coverage on Allbirds Inc (NASDAQ: BIRD) with a Buy rating and a price target of $25.00.
The analyst commented, "Allbirds is a sustainability pioneer, and the brand ethos aligns with consumer megatrends for conscious... More
JPMorgan Starts Allbirds Inc (BIRD) at Neutral
November 29, 2021 3:28 AM ESTJPMorgan initiates coverage on Allbirds Inc (NASDAQ: BIRD) with a Neutral rating and a price target of $21.00.
For an analyst ratings summary and ratings history on Allbirds Inc click here. For more ratings news on Allbirds Inc click here.
Shares of Allbirds Inc closed at $18.81 yesterday.
... MoreUPDATE: Morgan Stanley Starts Allbirds Inc (BIRD) at Equalweight
November 29, 2021 12:49 AM EST(Updated - November 29, 2021 4:36 AM EST)
Morgan Stanley analyst Kimberly Greenberger initiates coverage on Allbirds Inc (NASDAQ: BIRD) with a Equalweight rating and a price target of $23.00.
The analyst comments "We see BIRD as a high growth business with a... More