Zumiez price target raised to $19 from $18 at B. Riley

B. Riley analyst Jeff Van Sinderen raised the firm’s price target on Zumiez to $19 from $18 and keeps a Neutral rating on the shares following the Q3 beat. The company’s metrics continued to reflect macro inflationary pressure on the consumer amid a tough environment, the analyst tells investors in a research note. y. Although comparisons get easier in fiscal 2024, companies in the space are still comping negative year-over-year, and visibility remains “opaque,’ says Riley.