B.Riley FBR Remains a Buy on PFSweb (PFSW)

By Carrie Williams

In a report released today, Kara Anderson from B.Riley FBR reiterated a Buy rating on PFSweb (PFSWResearch Report), with a price target of $4.50. The company’s shares closed last Monday at $3.25.

According to TipRanks.com, Anderson is ranked #982 out of 5597 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PFSweb with a $4.75 average price target.

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Based on PFSweb’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $975K. In comparison, last year the company had a GAAP net loss of $686K.

Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PFSW in relation to earlier this year.

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PFSweb, Inc. engages in the provision of global commerce solutions. It operates through the LiveArea Professional Services, and PFS Operations.