The Latest Breaking News from DA Davidson

Analysts lauded System1 Inc's (NYSE:SST) Q4 FY21 beat and FY22 guidance. Benchmark analyst Daniel Kurnos noted that shares of System1 closed up 23% on a volume of 32 million shares on April 6 post Q4 beat.  Kurnos called System1 "more than a meme" and saw it ready for another year of outperformance in 2022. Kurnos has…

Clean Harbors Inc (NYSE:CLH) coverage was initiated with a Buy and a price target of $130 (an upside of 17%) by DA Davidson analyst Zane Karimi. The analyst is optimistic about CLH's ability to leverage its market leadership positions in environmental and industrial services and its oil re-refining and oil recycling businesses. Related: Clean Harbors Q4…

DA Davidson analyst Christopher Brendler initiated coverage of Shift4 Payments Inc (NYSE:FOUR) with a Buy rating and $70 price target (39.8% upside).  The shift in market sentiment amid the Fed and geopolitical uncertainty has created "rare buying opportunities" in "compelling" growth stories, Brendler contended.  Shift4 Payments "fits the bill" of his preferred payments…

Analysts slashed their price target on BJ's Wholesale Club Holdings Inc (NYSE:BJ) following the release of Q4 results. Credit Suisse analyst Robert Moskow lowered the price target to $70 from $80 and kept an Outperform rating on the shares, implying a 24% upside. Moskow thinks the pullback in the stock after weak Q4 results is an…

Funko Inc (NASDAQ:FNKO) reported fourth-quarter FY21 sales growth of 48% year-on-year, to $336.27 million, beating the consensus of $272.49 million. Sales in the U.S. rose 47% to $252.9 million, Europe grew 59% to $64 million, and other International sales gained 32% to $19.4 million. The direct-to-consumer sales jumped by 74% Y/Y. The gross…

DA Davidson analyst Christopher Brendler upgraded Affirm Holdings Inc (NASDAQ:AFRM) shares to Buy from Neutral with a price target of $75, down from $110, suggesting an upside of 29%. The analyst contends that the selloff in the stock is "overdone." Brendler is bullish heading into the company's results, with industry data suggesting that the U.S.…