Lake Street raised the firm’s price target on American Outdoor Brands (AOUT) to $14 from $11.50 and keeps a Buy rating on the shares after the company reported Q2 results that beat the firm’s expectations on both the top and bottom lines. The firm thinks the quarter demonstrated successful execution in navigating a challenging environment along with the company’s consumer showing resilience, the analyst tells investors.
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Read More on AOUT:
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- American Outdoor Brands sees FY25 GAAP EPS (36c)-(24c)
- American Outdoor Brands sees FY26 revenue $220M-$230M
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