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Lake Street Remains a Buy on BARK Inc Class A (BARK)
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Lake Street Remains a Buy on BARK Inc Class A (BARK)

In a report released today, Ryan Meyers from Lake Street reiterated a Buy rating on BARK Inc Class A (BARKResearch Report), with a price target of $4.00. The company’s shares closed yesterday at $1.17.

Meyers covers the Consumer Goods sector, focusing on stocks such as SunOpta, CarParts.com Inc, and Petmed Express. According to TipRanks, Meyers has an average return of -26.6% and a 17.24% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BARK Inc Class A with a $4.00 average price target.

See the top stocks recommended by analysts >>

Based on BARK Inc Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $134.33 million and a GAAP net loss of $21.27 million. In comparison, last year the company earned a revenue of $140.81 million and had a GAAP net loss of $13.24 million

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