- B. Riley analyst Jeff Van Sinderen slides his price target on Kirkland (NASDAQ:KIRK) to $15 from $21 after taking in the retailer's disappointing Q2 report and guidance.
- Concerns on Kirkland's supply chain progress were cited in the analyst note, although a Buy rating was maintained on the expectation that positive comparable sales growth is down the road.
- Sidoti downgrades KIRK to Neutral from Buy.
- Shares of Kirkland's plunged 18% after the company's earnings report was released yesterday.
- Previously: Kirkland's misses by $0.01, misses on revenue (Aug. 23)
- Previously: More on Kirkland's Q2 (Aug. 23)