Fly News Breaks for August 11, 2017
Aug 11, 2017 | 09:21 EDT
RBC Capital analyst Mark Mahaney says that Blue Apron reported "solid" Q2 results. However, he thinks that the acceleration of the company's growth will come later than he previously expected. He cut his price target on the shares to $8 from $10 but keeps an Outperform rating on the stock.
News For APRN From the Last 2 Days
Aug 22, 2017 | 15:03 EDT
The stock is now up over 0.5% to $5.27, coming well up off the lows of the day following news of the resignation of its HR chief. At current price next resistance is at $5.65. Support is at 5.11.