KeyBanc lowered the firm’s price target on Brilliant Earth to $3 from $6 to reflect recent share movement and increased caution around full year 2024 guidance, though the firm continues to like the name for now. KeyBanc keeps an Overweight rating on the shares.
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Read More on BRLT:
- Brilliant Earth to Report First Quarter 2024 Financial Results on May 9th
- Brilliant Earth and Renowned Conservationist Dr. Jane Goodall Join Forces in Groundbreaking Partnership
- Brilliant Earth price target lowered to $3 from $3.40 at TD Cowen
- Brilliant Earth sees FY24 revenue $455M-$469M, consensus $469.76M
- Brilliant Earth sees Q1 revenue $96.5M-$98.5M, consensus $99.89M
