DA Davidson raised the firm’s price target on A-Mark Precious Metals to $66 from $57 and keeps a Buy rating on the shares. The analyst cites the company’s better than expected Q4 results and raised long-term sales and profitability projections, along with the management’s continuous efforts in expanding its direct-to-consumer portfolio throughout FY23.
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Read More on AMRK:
- A-Mark Precious Metals Reports Fiscal Fourth Quarter and Full Year 2023 Results
- A-Mark Precious Metals declares $1.00 per share special cash dividend
- A-Mark Precious Metals reports Q4 EPS $1.71, consensus $1.55
- Is AMRK a Buy, Before Earnings?
- A-Mark Precious Metals Sets Fiscal Fourth Quarter and Full Year 2023 Earnings Call for Thursday, August 31, at 4:30 p.m. ET
