Xcel Brands Price Target Cut to $9 from $12 Amid Share Sale Plans
ByAinvest
Tuesday, Jul 8, 2025 5:47 pm ET1min read
XELB--
Noble Capital analyst Michael Kupinski lowered Xcel Brands' (XELB) price target to $9 from $12 and maintained an Outperform rating. The company plans to sell 1.381M shares to improve its balance sheet and invest in developing brands, but there will be significant dilution.
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