Vista Outdoor price target raised to $33 from $29 at Lake Street

Lake Street analyst Mark Smith raised the firm’s price target on Vista Outdoor to $33 from $29 and keeps a Buy rating on the shares after the company reported “mixed” Q3 results and reaffirmed its FY24 guidance. The firm’s updated price target is based on its new consolidated FY24 adjusted EBITDA estimate of $442M, the analyst noted.