- 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.
New York Introduces Cannabis Farmers’ Markets To Address Supply Chain Glut And Lack Of Retail Shops
New York's Office of Cannabis Management (OCM) has unveiled an innovative plan to introduce cannabis farmers' markets this summer as a way of tackling the supply chain challenges caused by limited retail outlets across the state.
