Clarus Reports Second Quarter 2024 Results

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Roth/MKM Downgrades Clarus Corp (CLAR) to Neutral

August 2, 2024 7:07 AM EDT

Roth/MKM analyst Matt Koranda downgraded Clarus Corp (NASDAQ: CLAR) from Buy to Neutral with a price target of $6.00.

The analyst comments "2Q was disappointing, with sales softer-than-expected across both Outdoor and Adventure, while segment margins eroded at Adventure. While management cut 2024... More