Baird raised its price target on Zumiez ahead of its release of March comps. The firm expects comps to be in-line with guidance and notes preliminary data suggests March was an especially strong month. Baird also believes Zumiez should be trading at a premium to its historical multiple based on potential upside to estimates. Shares are Outperform rated.
For the second time in as many months, a floundering corporation has gone back to the future by bringing back a …