American Outdoor Brands price target raised to $12 from $11 at B. Riley

B. Riley analyst Eric Wold raised the firm’s price target on American Outdoor Brands to $12 from $11 and keeps a Buy rating on the shares post the "strong" fiscal Q2 results. With continued indications that underlying consumer demand remains relatively healthy and American Outdoor inventories with retailers down meaningfully from last year’s levels, positive inventory restocking trends in the coming quarters should continue, Wold tells investors in a research note.