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Lake Street Sticks to Their Buy Rating for BARK Inc Class A (BARK)
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Lake Street Sticks to Their Buy Rating for BARK Inc Class A (BARK)

In a report released today, Ryan Meyers from Lake Street maintained a Buy rating on BARK Inc Class A (BARKResearch Report), with a price target of $3.00. The company’s shares closed yesterday at $1.18.

Meyers covers the Consumer Cyclical sector, focusing on stocks such as BARK Inc Class A, JJill, and Karat Packaging Inc. According to TipRanks, Meyers has an average return of -3.3% and a 45.90% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for BARK Inc Class A with a $1.95 average price target.

Based on BARK Inc Class A’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $120.59 million and a GAAP net loss of $11.66 million. In comparison, last year the company earned a revenue of $131.15 million and had a GAAP net loss of $15.41 million

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BARK Inc Class A (BARK) Company Description:

Northern Star Acquisition Corp is a blank check company.

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