Jefferies increases its price target to $27, up $1, on Hold-rated Zumiez ZUMZ following the company's Q4 results.
Jefferies says, "4Q results show that ZUMZ continues to have great market positioning with few competitive threats, strong growth opportunities and a loyal customer base. The outlook ahead remains bright; however, we find it tough to step in here at current levels."
ZUMZ closed at $32.32 a share yesterday.
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