Information Provided By:
Fly News Breaks for June 14, 2019
BBX, BXG
Jun 14, 2019 | 05:20 EDT
Stifel analyst Simon Yarmak upgraded Bluegreen Vacations (BXG) to Buy from Hold and raised his price target for the shares to $10 from $8. Since BBX Capital (BBX) terminated its merger with Bluegreen on May 22, shares of the latter have traded off over 46%, Yarmak tells investors in a research note. Additionally, the following week, the termination with Bass Pro further pressured the stock lower, the analyst adds. However, he believes Bluegreen Vacations shares are now oversold and should bounce from here after the company reached an agreement with Bass Pro.
News For BXG;BBX From the Last 2 Days
There are no results for your query BXG;BBX