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Fly News Breaks for October 15, 2018
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Oct 15, 2018 | 08:59 EDT
Jefferies analyst Jonathan Matuszewski left conversations with 160 At Home Group sales associates believing the company's quarter-to-date traffic has been solid, seasonal merchandise popular, and inventory levels ample to meet demand. Interest rate and tariff headlines have overshadowed At Home Group's "strong fundamentals lately," Matuszewski tells investors in a research note titled "Checks Point To Strong Halloween Demand; 3Q Comp Should Be Spooktacular." The analyst reiterates a Buy rating on the shares with a $47 price target.
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