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Telsey Advisory Sticks to Its Buy Rating for Brilliant Earth Group (BRLT)
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Telsey Advisory Sticks to Its Buy Rating for Brilliant Earth Group (BRLT)

Telsey Advisory analyst Dana Telsey maintained a Buy rating on Brilliant Earth Group (BRLTResearch Report) today. The company’s shares closed yesterday at $2.53.

Telsey covers the Consumer Cyclical sector, focusing on stocks such as American Eagle, Wolverine World Wide, and Birkenstock Holding plc. According to TipRanks, Telsey has an average return of 2.4% and a 43.48% success rate on recommended stocks.

In addition to Telsey Advisory, Brilliant Earth Group also received a Buy from KeyBanc’s Ashley Owens in a report issued today. However, on the same day, TD Cowen assigned a Hold rating to Brilliant Earth Group (NASDAQ: BRLT).

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Based on Brilliant Earth Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $114.15 million and a net profit of $245 thousand. In comparison, last year the company earned a revenue of $111.41 million and had a net profit of $646 thousand

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Brilliant Earth Group (BRLT) Company Description:

Brilliant Earth Group Inc is an innovative, digital-first jewelry company. It offers exclusive designs with superior craftsmanship and supply chain transparency, delivered to customers through a highly personalized omnichannel experience. It focuses on one operating and reporting segment which is retail sale of diamonds, gemstones and jewelry.

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