Promotions from American Outdoor Brands pick up

|By:, SA News Editor

American Outdoor Brands Corporation AOBC is firing off aggressive promotions, according to channel checks from Wunderlich.

"This is easily the most aggressive markdown we have ever seen the company run on the M&P Shield line," notes analyst Rommel Dionisio.

Wunderlich rates AOBC at Hold and maintains a price target of $17.