Big Lots (BIG) Misses Q1 EPS by 59c

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Big Lots (BIG) PT Lowered to $2.50 at Telsey

June 7, 2024 5:08 AM EDT

Telsey analyst Joseph Feldman lowered the price target on Big Lots (NYSE: BIG) to $2.50 (from $5.00) while maintaining a Market Perform rating.

The analyst comments "Big Lots 1Q24 was disappointing, as performance missed estimates and expectations were reset lower. The company reported 1Q24 adjusted EPS of ($4.51) vs. our... More