Stitch Fix (SFIX) PT Raised to $23.00 at Stifel Nicolaus

Stitch Fix (NASDAQ:SFIX) had its target price upped by equities research analysts at Stifel Nicolaus from $22.00 to $23.00 in a research report issued on Wednesday. The brokerage currently has a “hold” rating on the stock. Stifel Nicolaus’ price target would suggest a potential downside of 7.11% from the company’s current price.

Several other analysts also recently commented on SFIX. William Blair started coverage on shares of Stitch Fix in a report on Tuesday, December 12th. They set an “outperform” rating on the stock. Goldman Sachs Group started coverage on shares of Stitch Fix in a report on Tuesday, December 12th. They set a “neutral” rating and a $23.00 target price on the stock. Piper Jaffray Companies started coverage on shares of Stitch Fix in a report on Tuesday, December 12th. They set an “overweight” rating and a $29.00 target price on the stock. J P Morgan Chase & Co began coverage on shares of Stitch Fix in a report on Tuesday, December 12th. They set a “neutral” rating and a $25.00 target price on the stock. Finally, Royal Bank of Canada began coverage on shares of Stitch Fix in a report on Tuesday, December 12th. They issued an “outperform” rating and a $29.00 price objective on the stock. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $25.83.

Shares of Stitch Fix (SFIX) traded up $0.91 during mid-day trading on Wednesday, reaching $24.76. 1,726,500 shares of the company’s stock traded hands, compared to its average volume of 1,547,271. Stitch Fix has a 52-week low of $14.48 and a 52-week high of $25.98.

Stitch Fix (NASDAQ:SFIX) last announced its earnings results on Tuesday, December 19th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. The company had revenue of $295.60 million for the quarter, compared to analyst estimates of $294.97 million. The business’s quarterly revenue was up 25.3% on a year-over-year basis. equities analysts anticipate that Stitch Fix will post 0.24 earnings per share for the current fiscal year.

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