DA Davidson analyst Michael Baker lowered the corporate’s worth goal on Vacation spot XL (DXLG) to $3 from $3.50 and maintains a Purchase ranking on the shares. The corporate cites Fund 1 Investments which made a young provide for the corporate at $3 per share, equating to an enterprise worth of $128 million. Given Fund 1’s provide on Nordstrom (JWN), the Vacation spot XL transaction must be favorable from a shareholder perspective given its decrease EBITDA margins than Nordstrom, the analyst explains to buyers in a analysis word.
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