Stitch Fix (SFIX) Receives a Rating Update from a Top Analyst

By Austin Angelo

In a report released today, Youssef Squali from SunTrust Robinson maintained a Buy rating on Stitch Fix (SFIXResearch Report), with a price target of $36.00. The company’s shares closed last Monday at $23.75.

According to TipRanks.com, Squali is a top 100 analyst with an average return of 27.7% and a 71.0% success rate. Squali covers the Technology sector, focusing on stocks such as IAC/InterActiveCorp, ANGI Homeservices, and Uber Technologies.

Currently, the analyst consensus on Stitch Fix is a Moderate Buy with an average price target of $27.55.

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The company has a one-year high of $37.72 and a one-year low of $16.05. Currently, Stitch Fix has an average volume of 2.49M.

Based on the recent corporate insider activity of 68 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 SFIX in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Stitch Fix, Inc. is an online personal styling service that delivers personalized Fixes of apparel and accessories to men, women and kids. The company was founded by Katrina Lake and Erin Morrison Flynn in February 2011 and is headquartered in San Francisco, CA.