Stifel analyst Drew Crum raised the firm’s price target on Funko (FNKO) to $12 from $11 and keeps a Hold rating on the shares. The firm forecasts modest sales growth for toys in calendar 2025, including a 2% increase for the U.S. market, but notes that its model does not factor in any impact from new tariffs, which it views as an overhang for relevant participants, including Buy-rated Hasbro (HAS) and Mattel (MAT) as well as Funko.
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Read More on FNKO:
- Funko Expands Board with New Director Appointment
- Funko appoints Jason Harinstein to board of directors
- DA Davidson analysts hold an analyst/industry conference call
- Funko, Warner Bros. Discovery collaborate on ‘Harry Potter’ Pop! Yourself line
- Funko price target raised to $16 from $13 at DA Davidson
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
