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Craig-Hallum Reaffirms Their Buy Rating on PLBY Group (PLBY)

Craig-Hallum analyst Alex Fuhrman maintained a Buy rating on PLBY Group (PLBYResearch Report) today. The company’s shares closed yesterday at $1.73.

Fuhrman covers the Consumer Goods sector, focusing on stocks such as 1-800 Flowers, SunOpta, and The Lovesac Company. According to TipRanks, Fuhrman has an average return of -6.8% and a 30.99% success rate on recommended stocks.

Currently, the analyst consensus on PLBY Group is a Moderate Buy with an average price target of $4.00.

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Based on PLBY Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $68.52 million and a GAAP net loss of $10.24 million. In comparison, last year the company earned a revenue of $95.7 million and had a GAAP net loss of $56.06 million

Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is neutral on the stock. Most recently, in February 2023, James Yaffe, a Director at PLBY bought 9,973.00 shares for a total of $25,431.15.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Mountain Crest Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

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