Purple Innovation (PRPL) Announces Review of Strategic Alternatives to Maximize Shareholder Value
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/2/2026
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Dell again lifts annual forecasts as AI demand powers record results
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Gap taps Coach architect Reed Krakoff for $29.95-$498 handbag line
- Comstock Resources signs $1.65B deal with SOCAR, $450M JV
Raymond James on Purple Innovation (PRPL): 'the recovery timeline for industry demand is highly uncertain'
March 14, 2025 12:23 PM EDTRaymond James analyst Bobby Griffin reiterated a Market Perform rating on Purple Innovation (NASDAQ: PRPL)
The analyst comments "We reaffirm our Market Perform rating on PRPL following its 4Q24 results. Recall, ahead of the print, management issued a tightened guidance range (within $2M). For 2025, managements outlook came in ahead of consensus adj. EBITDA at the midpoint despite softer revenue... More
KeyBanc Positive on Purple Innovation (PRPL) Announced Strategic Alternatives, 'PRPL has significant growth potential'
March 14, 2025 7:47 AM EDTKeyBanc analyst Bradley Thomas reiterated an Overweight rating and $5.00 price target on Purple Innovation (NASDAQ: PRPL)
The analyst comments "PRPL announced mixed 4Q results, with sales slightly below but EBITDA above as the Company continues to drive operational efficiency and EBITDA improvement, in spite of a challenging consumer and mattress industry backdrop. In addition, PRPL announced a review of strategic alternatives... More
