Brean Capital Sees Solid Q4 Results For Zumiez - Zumiez (NASDAQ:ZUMZ)

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In a report published Friday, Brean Capital analyst Liz Pierce reiterated a Hold rating on

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Zumiez Inc.

(NASDAQ: ZUMZ).In the report, Brean Capital noted, "As evidenced by Q4 results, ZUMZ is a Best-in-Class operator and a leader in the action sports category, which we attribute to its authentic and differentiated merchandise strategy and its great customer service. Moreover, while we expect the company is positioned for market share gains, we believe a lot of the good news is priced in the stock and therefore we see limited multiple expansion from current levels. Accordingly, we maintain our Hold rating but would view a major pullback in the shares as a reason to become more constructive on the name."Zumiez closed on Thursday at $39.96.