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EYE

National Vision

$30.76

0.54 (1.79%)

08:11
12/09/19
12/09
08:11
12/09/19
08:11

National Vision appoints Joan Blackwood as Chief Marketing Officer

National Vision Holdings announced that Joan Blackwood has joined the company as Chief Marketing Officer, reporting to CEO Reade Fahs. Blackwood will be responsible for leading the organization's Marketing function including strategic brand management, creative, CRM, advertising and media, digital marketing, e-commerce and research/insights. Blackwood comes to National Vision most recently from the University of Phoenix where she served as Chief Marketing Officer.

  • 09

    Dec

  • 10

    Dec

EYE National Vision
$30.76

0.54 (1.79%)

10/01/19
BOFA
10/01/19
UPGRADE
BOFA
Buy
National Vision upgraded to Buy from Neutral at BofA/Merrill
10/01/19
BOFA
10/01/19
UPGRADE
Target $28
BOFA
Buy
National Vision upgraded to Buy from Neutral at BofA/Merrill
BofA/Merrill analyst Robert Ohmes upgraded National Vision to Buy with a price target of $28, saying the recent pullback in its stock price has created an attractive entry opportunity. The analyst is positive on the company's "healthy" outlook for comps thanks to its "unique value proposition, predictable store maturation curve, and marketing campaigns". Ohmes adds that his price target is based on the 13.5-times his expected FY21 EBITDA multiple, which is a modest premium to value and optical retail group average of about 13-times.
11/12/19
LEHM
11/12/19
INITIATION
Target $34
LEHM
Overweight
National Vision initiated with an Overweight at Barclays
Barclays analyst Adrienne Yih initiated coverage of National Vision with an Overweight rating and $34 price target. The analyst cites the company's position as a leading player in the vision care segment and its attractive value offering for consumers without insurance, projecting earnings growth in the mid-teens and revenue growth in low double digits.
12/09/19
12/09/19
NO CHANGE

National Vision management to meet with Morgan Stanley
Meetings to be held in Montreal on December 9 and in Toronto on December 10 hosted by Morgan Stanley.

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