Duluth Holdings: Rises as Stifel upbeat on 2021, upgrades to 'buy'
14/12/2020 13:47
** Shares of apparel retailer DLTH.O up 3.6% at $11.18
premarket as Stifel upgrades stock to "buy" from "hold"
** Stifel says launch of products, new customers acquired
during 2020 and improved digital business set the stage for
success for DLTH
** Ability to grow rev while being less dependent on
discounts is key to DLTH's earnings growth - Stifel
** Stifel also sees risk/reward in DLTH shares as favorable
** Average rating among three analysts is "buy" and median
PT is $18 - Refinitiv
** Through Friday's close, DLTH shares up 2.5% this year
(Reporting by Praveen Paramasivam in Bengaluru)
((Praveen.Paramasivam@thomsonreuters.com))