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Fly News Breaks for June 7, 2019
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Jun 7, 2019 | 08:41 EDT
KeyBanc analyst Bradley Thomas lowered his price target for At Home Group to $14 from $35 and maintained an Overweight rating, saying that while he still believes At Home has a "sound" business model, it is not immune to issues plaguing the sector. In a research note to investors, Thomas says he is disappointed by the performance of At Home shares and its lowered guidance, but believes valuation is supportive for healthy upside if the company can drive better results in Q2 and Q3.
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