BofA lowered the firm’s price target on Beyond to $26 from $29 and keeps a Neutral rating on the shares ahead of the company’s Q1 earnings report due after market close on May 6 and call scheduled for the following morning. The firm remains cautious on promotional levels required to drive sales and sees some risk to Q2 consensus revenue estimates, the analyst tells investors in a preview note.
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Read More on BYON:
- Beyond price target lowered to $26 from $27 at Piper Sandler
- Maxim starts Beyond at Buy with price target of $50
- Beyond initiated with a Buy at Maxim
- Beyond, Inc. Scheduled to Release First Quarter Financial Results on May 6, with a Premarket Call on May 7
- Beyond Inc call volume above normal and directionally bullish