BofA resumed coverage of Torrid (CURV) with a Buy rating and $5 price target The firm views Torrid as “an industry disruptor in the plus-size apparel space with a niche on fit and a compelling turnaround opportunity,” the analyst tells investors. The firm, which thinks Torrid has made meaningful improvements under new leadership, sees the company as well-positioned in a “large, growing and underserved” market.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
