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Fly News Breaks for March 4, 2019
FNKO
Mar 4, 2019 | 07:42 EDT
Stifel analyst Drew Crum raised his price target on Funko shares to $25 from $23 after the company reported Q4 results that exceeded expectations and issued FY19 guidance that topped his prior estimates. The analyst, who called the quarter a strong end to the year for Funko, remains constructive on the company's above-average top line growth, expectations for improving margins, and attractive valuation. He keeps a Buy rating on Funko shares.
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