Analysts fell to the sidelines weighing in on Vroom (VRM – Research Report) and JOANN (JOAN – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Vroom (VRM)
In a report released today, Sam Reid from Wells Fargo maintained a Hold rating on Vroom, with a price target of $1.00. The company’s shares closed last Tuesday at $0.92, close to its 52-week low of $0.73.
According to TipRanks.com, Reid is ranked #7418 out of 8375 analysts.
Currently, the analyst consensus on Vroom is a Hold with an average price target of $1.08.
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JOANN (JOAN)
In a report released today, David Lantz from Wells Fargo maintained a Hold rating on JOANN, with a price target of $2.00. The company’s shares closed last Tuesday at $2.03, close to its 52-week low of $1.42.
The word on The Street in general, suggests a Hold analyst consensus rating for JOANN with a $1.88 average price target.
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