Loop Capital analyst Anthony Chukumba lowered his price target on At Home Group to $8 and kept his Hold rating after the company's "disappointing" cut in its FY20 guidance, saying the outlook "raises serious questions" about its business model. The analyst notes that At Home Group results were impacted by adverse weather, but also points to its "lack of e-commerce distribution" issue that is unlikely to be resolved soon. Chukumba further states that investors are "heavily" concerned by the "optics" of At Home Group's same-store-sales decline in Q1.