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Fly News Breaks for December 12, 2019
SPWH
Dec 12, 2019 | 07:21 EDT
Craig-Hallum analyst Ryan Sigdahl initiated coverage of Sportsman's Warehouse with a Buy rating and $12 price target. In a research note to investors, Sigdahl says that while there have been several headwinds, including competition and firearms challenges, over the past few years, he believes the company is at an inflection point to accelerating SSS growth, a reacceleration of new store openings, margin expansion and 15%+ EPS CAGR.
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