B. Riley analyst Eric Wold raised the firm’s price target on American Outdoor Brands to $13 from $12 and keeps a Buy rating on the shares after the company reported fiscal Q3 results. While the firm is lowering its FY23 and FY24 AEBITDAS estimates, it notes that it sees an opportunity for American Outdoor to gain share with firearm makers as "accessories bundling becomes more the norm."
Published first on TheFly
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