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Jefferies Believes Funko (FNKO) Won’t Stop Here

In a report issued on July 15, Stephanie Wissink from Jefferies maintained a Buy rating on Funko (FNKOResearch Report), with a price target of $30.00. The company’s shares closed last Thursday at $24.80, close to its 52-week high of $25.93.

According to TipRanks.com, Wissink is a 2-star analyst with an average return of 0.1% and a 45.9% success rate. Wissink covers the Consumer Goods sector, focusing on stocks such as Petco Health and Wellness Company, Bj’s Wholesale Club Holdings, and The Estée Lauder Companies.

Currently, the analyst consensus on Funko is a Strong Buy with an average price target of $32.60.

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Funko’s market cap is currently $1.38B and has a P/E ratio of 21.86.

Based on the recent corporate insider activity of 125 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FNKO in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Funko, Inc. is a pop culture consumer products company, which engages in designing, sourcing, and distribution of licensed pop culture products. Its product lines include media and entertainment content, which comprises movies, TV shows, video games, music and sports. The company was founded in April 21, 2017 and is headquartered in Everett, WA.

Read More on FNKO:

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