Tilly’s (NYSE:TLYS) Price Target Lowered to $2.50 at Roth Mkm

Tilly’s (NYSE:TLYS) had its price objective reduced by stock analysts at Roth Mkm from $5.00 to $2.50 in a report released on Friday,Benzinga reports. The firm currently has a “neutral” rating on the specialty retailer’s stock. Roth Mkm’s price target indicates a potential upside of 3.73% from the company’s previous close.

Several other analysts have also recently commented on TLYS. B. Riley dropped their target price on shares of Tilly’s from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Friday, December 6th. StockNews.com downgraded Tilly’s from a “hold” rating to a “sell” rating in a report on Monday, December 9th.

Tilly’s Trading Down 8.7 %

Shares of NYSE TLYS opened at $2.41 on Friday. The firm has a market capitalization of $72.67 million, a PE ratio of -1.36 and a beta of 1.58. The firm’s 50-day moving average is $3.96 and its 200-day moving average is $4.19. Tilly’s has a 1 year low of $2.25 and a 1 year high of $6.98.

Hedge Funds Weigh In On Tilly’s

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Barclays PLC raised its stake in Tilly’s by 19.5% during the 4th quarter. Barclays PLC now owns 23,850 shares of the specialty retailer’s stock worth $101,000 after buying an additional 3,895 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Tilly’s by 58.5% in the third quarter. JPMorgan Chase & Co. now owns 10,964 shares of the specialty retailer’s stock worth $56,000 after acquiring an additional 4,045 shares in the last quarter. Bank of America Corp DE raised its position in shares of Tilly’s by 31.4% during the fourth quarter. Bank of America Corp DE now owns 17,566 shares of the specialty retailer’s stock worth $75,000 after purchasing an additional 4,193 shares during the period. Nuveen Asset Management LLC lifted its holdings in shares of Tilly’s by 12.5% during the 4th quarter. Nuveen Asset Management LLC now owns 61,845 shares of the specialty retailer’s stock valued at $263,000 after purchasing an additional 6,895 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Tilly’s by 2.6% in the 3rd quarter. Geode Capital Management LLC now owns 397,717 shares of the specialty retailer’s stock valued at $2,029,000 after purchasing an additional 10,258 shares during the period. 76.38% of the stock is owned by institutional investors.

Tilly’s Company Profile

Tilly’s, Inc engages in the retail of casual apparel, footwear, and accessories. Its stores are located in retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company was founded by Hezy Shaked and Tilly Levine in 1982 and is headquartered in Irvine, CA.