Beyond price target lowered to $15 from $15.50 at BofA

BofA analyst Curtis Nagle lowered the firm’s price target on Beyond to $15 from $15.50 and keeps a Neutral rating on the shares. To reflect results and guidance, the firm adjusted its FY24 revenue and EBITDA forecasts to $1.5B and (148M), respectively, and lowered its 2025 sales estimate, which it calls “important for valuation,” to $1.68B from $1.73B.