Barclays analyst Seth Sigman lowered the firm’s price target on Overstock.com to $19 from $23 and keeps an Equal Weight rating on the shares. The company’s Q4 sales came in below expectations and remain weak early in 2023 as category and market share headwinds persist, the analyst tells investors in a research note. The firm wants to see signs Overstock.com can stabilize sales.
Published first on TheFly
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