The Latest Breaking News from DA Davidson

Upgrades

DA Davidson analyst Tom Forte kept his Buy rating and $200 price target on Roku Inc (NASDAQ:ROKU). The price target implied an upside of 59.3%. Forte recently held talks with Conrad Grodd, the company's VP of Investor Relations.  Forte saw that Roku's adverting efforts were "modestly positively" impacted by Apple Inc's (NASDAQ:AAPL) focus on privacy, while the…

Carparts.Com Inc (NASDAQ:PRTS) said it has decided to terminate its at-the-market equity offering program (ATM Facility) with DA Davidson as a sales agent. The termination will be effective from March 18, 2022. CarParts.com had not sold any of its common shares under the ATM Program. Recently, the company posted $138.3 million in revenue…

DA Davidson analyst Linda Bolton Weiser downgraded 1-800-Flowers.Com Inc (NASDAQ:FLWS) to Neutral from Buy with a price target of $13, down from $20.50. Linda said that the company's fundamentals have worsened since the Q2 earnings report. Related: 1-800-Flowers.Com Stock Plummets On Q2 Earnings Miss, FY22 Outlook Cut She opined that the consensus estimate for a 22%…

DA Davidson analyst Christopher Brendler initiated coverage of Shift4 Payments Inc (NYSE:FOUR) with a Buy rating and $70 price target (39.8% upside).  The shift in market sentiment amid the Fed and geopolitical uncertainty has created "rare buying opportunities" in "compelling" growth stories, Brendler contended.  Shift4 Payments "fits the bill" of his preferred payments…

Analysts slashed their price target on BJ's Wholesale Club Holdings Inc (NYSE:BJ) following the release of Q4 results. Credit Suisse analyst Robert Moskow lowered the price target to $70 from $80 and kept an Outperform rating on the shares, implying a 24% upside. Moskow thinks the pullback in the stock after weak Q4 results is an…

Funko Inc (NASDAQ:FNKO) reported fourth-quarter FY21 sales growth of 48% year-on-year, to $336.27 million, beating the consensus of $272.49 million. Sales in the U.S. rose 47% to $252.9 million, Europe grew 59% to $64 million, and other International sales gained 32% to $19.4 million. The direct-to-consumer sales jumped by 74% Y/Y. The gross…

DA Davidson analyst Christopher Brendler upgraded Affirm Holdings Inc (NASDAQ:AFRM) shares to Buy from Neutral with a price target of $75, down from $110, suggesting an upside of 29%. The analyst contends that the selloff in the stock is "overdone." Brendler is bullish heading into the company's results, with industry data suggesting that the U.S.…