Stitch Fix (SFIX) Price Target Increased to $23.00 by Analysts at Stifel Nicolaus

Stitch Fix (NASDAQ:SFIX) had its target price raised by Stifel Nicolaus from $22.00 to $23.00 in a research report sent to investors on Wednesday, December 20th, Marketbeat.com reports. They currently have a hold rating on the stock.

A number of other equities research analysts have also weighed in on SFIX. Barclays initiated coverage on Stitch Fix in a research report on Tuesday, December 12th. They set an equal weight rating and a $26.00 target price for the company. William Blair initiated coverage on Stitch Fix in a research report on Tuesday, December 12th. They set an outperform rating for the company. JPMorgan Chase & Co. began coverage on Stitch Fix in a research report on Tuesday, December 12th. They set a neutral rating and a $25.00 target price for the company. Piper Jaffray Companies set a $29.00 price target on Stitch Fix and gave the stock a buy rating in a research report on Wednesday, December 20th. Finally, Royal Bank of Canada began coverage on Stitch Fix in a research report on Tuesday, December 12th. They issued an outperform rating and a $29.00 price target for the company. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Stitch Fix has a consensus rating of Hold and a consensus price target of $25.83.

Shares of Stitch Fix (NASDAQ SFIX) traded down $0.01 during trading on Wednesday, hitting $25.14. The stock had a trading volume of 202,662 shares, compared to its average volume of 1,100,000. Stitch Fix has a 12-month low of $14.48 and a 12-month high of $30.07.

Stitch Fix (NASDAQ:SFIX) last posted its quarterly earnings data on Tuesday, December 19th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.01. The business had revenue of $295.60 million for the quarter, compared to analysts’ expectations of $294.97 million. The business’s quarterly revenue was up 25.3% on a year-over-year basis. research analysts forecast that Stitch Fix will post 0.23 earnings per share for the current year.

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About Stitch Fix

Stitch Fix, Inc is an online personalized styling service company. The Company offers apparel, shoes and accessories across categories, brands, product types and price points. The Company serves its clients in the following categories: Women’s, Petite, Maternity, Men’s and Plus. The Company also offers a wide variety of product types, including denim, dresses, blouses, skirts, shoes, jewelry and handbags.

Analyst Recommendations for Stitch Fix (NASDAQ:SFIX)

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