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Citi downgrades Solo Brands Inc Class A (DTC) to a Hold
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Citi downgrades Solo Brands Inc Class A (DTC) to a Hold

Solo Brands Inc Class A (DTCResearch Report) received a Hold rating and a price target from Citi analyst Chasen Bender yesterday. The company’s shares closed yesterday at $2.57.

According to TipRanks, Bender is ranked #7988 out of 8713 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Solo Brands Inc Class A with a $4.20 average price target.

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Based on Solo Brands Inc Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $110.32 million and a net profit of $4.13 million. In comparison, last year the company earned a revenue of $102.16 million and had a GAAP net loss of $2.2 million

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Solo Brands Inc Class A (DTC) Company Description:

Solo Brands Inc is a Direct-To-Consumer (DTC) platform. It operates four premium outdoor lifestyle brands Solo Stove, Oru, ISLE, and Chubbies apparel.

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