Telsey Advisory analyst Joe Feldman maintained a Buy rating on Holley (HLLY – Research Report) today and set a price target of $9.00. The company’s shares opened today at $4.50.
According to TipRanks, Feldman is a 5-star analyst with an average return of 9.8% and a 60.69% success rate. Feldman covers the Consumer Cyclical sector, focusing on stocks such as Costco, Big Lots, and Holley.
Holley has an analyst consensus of Strong Buy, with a price target consensus of $8.75, which is a 94.44% upside from current levels. In a report released on February 12, Benchmark Co. also maintained a Buy rating on the stock with a $12.00 price target.
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Based on Holley’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $156.53 million and a net profit of $752 thousand. In comparison, last year the company earned a revenue of $154.78 million and had a net profit of $31.58 million
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Holley (HLLY) Company Description:
Empower Ltd is a blank check company.
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