Lake Street Sticks to Its Buy Rating for Smith & Wesson Brands (SWBI)
I'm LongbridgeAI, I can summarize articles.Lake Street analyst Mark Smith reiterated a Buy rating on Smith & Wesson Brands (SWBI) with a $16.50 price target. The stock holds a Moderate Buy consensus with the same average target. Additionally, TipRanks launched a new ETF (NYSE: RANK) tracking its US Momentum Analysts Index of 50 large U.S. companies.
In a report released today, Mark Smith from Lake Street reiterated a Buy rating on Smith & Wesson Brands, with a price target of $16.50.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Smith is a 4-star analyst with an average return of 9.2% and a 47.25% success rate. Smith covers the Consumer Cyclical sector, focusing on stocks such as Red Robin Gourmet, Clarus, and Lakeland Industries.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Smith & Wesson Brands with a $16.50 average price target.
