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Small Cap Consumer Research Reiterates Its Bullish Stance On Build-A-Bear Workshop

Small Cap Consumer Research LLC analyst Eric M. Beder reiterated a Buy rating with the price target of $33.00 on Build-A-Bear Workshop Inc (NYSE:BBW).…
byShivani Kumaresan
July 6, 2022
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  • Small Cap Consumer Research LLC analyst Eric M. Beder reiterated a Buy rating with the price target of $33.00 on Build-A-Bear Workshop Inc (NYSE:BBW).
  • The analyst thinks the company’s prospects are driven by a continued focus on events for children by their parents, a material ramp-up in inventory, and the return of normalcy in Europe.
  • Beder sees no near-term slowdowns and describes BBW business as recession-resistant.
  • Also, shifting the stores to more tourist-driven locations and away from lower-performing malls is expected to offer an upside.
  • The analyst thinks the company has much potential to capitalize on the streaming ecosystem.
  • Price Action: BBW shares are trading lower by 5.66% at $15.09 on the last check Wednesday.
 
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