- (PLX AI) - HelloFresh came nearly all the way back from 8% losses today as Bank of America analysts reiterated a buy rating, saying the company's revenue outlook remains strong.
- • HelloFresh fell 8% in early trading after the company cut its EBITDA margin outlook in a surprise statement late yesterday despite reporting better than expected earnings
- • Share weakness today was a buying opportunity, as HelloFresh is one of the most reliable stories in food delivery and e-commerce given its strong track-record in exceeding revenue expectations, Bank of America said
- • The company's revenue outlook is strong and the new guidance range looks conservative, BofA said
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