Analysts Offer Insights on NA Companies: Fat Brands (FAT), Corsair Gaming (CRSR) and Lee Enterprises (LEE)

There’s a lot to be optimistic about in the NA sector as 3 analysts just weighed in on Fat Brands (FAT – Research Report), Corsair Gaming (CRSR – Research Report) and Lee Enterprises (LEE – Research Report) with bullish sentiments.

Fat Brands (FAT)

Noble Financial analyst Joe Gomes maintained a Buy rating on Fat Brands today and set a price target of $25.00. The company’s shares closed last Thursday at $7.43.

According to TipRanks.com, Gomes is a 4-star analyst with an average return of 4.6% and a 45.1% success rate. Gomes covers the Technology sector, focusing on stocks such as Information Services Group, Comtech Telecommunications, and One Stop Systems.

Fat Brands has an analyst consensus of Moderate Buy, with a price target consensus of $20.00, implying a 179.7% upside from current levels. In a report issued on July 26, Loop Capital Markets also initiated coverage with a Buy rating on the stock with a $15.00 price target.

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Corsair Gaming (CRSR)

Wedbush analyst Alicia Reese reiterated a Buy rating on Corsair Gaming today and set a price target of $21.00. The company’s shares closed last Thursday at $18.28.

According to TipRanks.com, Reese is a 3-star analyst with an average return of 4.2% and a 63.3% success rate. Reese covers the NA sector, focusing on stocks such as Cinemark Holdings, AMC Entertainment, and IMAX.

Currently, the analyst consensus on Corsair Gaming is a Moderate Buy with an average price target of $19.00, representing a 4.2% upside. In a report released today, Barclays also assigned a Buy rating to the stock with a $21.00 price target.

Lee Enterprises (LEE)

Noble Financial analyst Michael Kupinski maintained a Buy rating on Lee Enterprises today and set a price target of $45.00. The company’s shares closed last Thursday at $13.30.

According to TipRanks.com, Kupinski is a 4-star analyst with an average return of 8.4% and a 41.5% success rate. Kupinski covers the Technology sector, focusing on stocks such as Direct Digital Holdings, Snail, Inc. Class A, and Codere Online.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lee Enterprises with a $45.00 average price target.

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• FAT Brands to Announce Second Quarter 2023 Financial Results On August 3, 2023