Form 10-Q Solo Brands, Inc. For: Jun 30

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Go back to Form 10-Q Solo Brands, Inc. For: Jun 30

Solo Brands (DTC) PT Lowered to $1.35 at Citi

August 8, 2024 5:03 AM EDT

Citi analyst Wendy Nicholson lowered the price target on Solo Brands (NYSE: DTC) to $1.35 (from $2.50) while maintaining a Neutral rating.

The analyst comments "DTCs 2Q24 sales/EBITDA beat our expectations. However, the company lowered 2024 guidance citing weak 3Q24 QTD trends and macro pressure... More