The Brand House Collective Investigated for Sale to Bed Bath & Beyond, Shareholders to Receive 0.1993 Shares
Written by Emily J. Thompson, Senior Investment Analyst
Source: Globenewswire
Updated: 1 hour ago0mins
- Transaction Investigation: Monteverde & Associates is investigating the sale of The Brand House Collective to Bed Bath & Beyond, with shareholders expected to receive 0.1993 shares of Bed Bath & Beyond common stock for each share held, which could significantly impact shareholder returns.
- Shareholder Rights Protection: The firm is recognized for recovering millions for shareholders and was ranked as a Top 50 firm in the 2024 ISS Securities Class Action Services Report, showcasing its strength in protecting shareholder interests.
- Additional Transaction Investigations: In addition to The Brand House, investigations are also underway for Blue Foundry Bancorp and Soulpower Acquisition Corporation, with Blue Foundry shareholders expected to receive 0.65 shares of Fulton Financial and Soulpower shareholders to receive 1 share in the combined entity, indicating the firm's broad focus on multiple transactions.
- Transparency in Legal Services: Monteverde & Associates offers free consultations and emphasizes that shareholders should inquire about a law firm's success record and ability to handle class actions when selecting legal representation to ensure their rights are effectively protected.
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Analyst Views on BLFY
Wall Street analysts forecast BLFY stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLFY is 10.00 USD with a low forecast of 10.00 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 11.970
Low
10.00
Averages
10.00
High
10.00
Current: 11.970
Low
10.00
Averages
10.00
High
10.00
Keefe, Bruyette & Woods
Christopher O'Connell
Hold
Maintains
$11 → $10
2025-01-30
Reason
Keefe, Bruyette & Woods
Christopher O'Connell
Price Target
$11 → $10
2025-01-30
Maintains
Hold
Reason
See All Ratings
About BLFY
Blue Foundry Bancorp is a holding company for Blue Foundry Bank (the Bank). The Bank is a chartered stock savings bank. The Bank's principal business consists of originating one-to-four family residential, multifamily, and non-residential real estate mortgages, home equity loans and lines of credit, construction, and commercial and industrial loans in its principal market and surrounding areas. In addition, it often lends outside its branch network in more densely populated and metropolitan areas, adding diversification to its loan portfolio. It attracts retail deposits from the public in the areas surrounding its banking offices, through its borrowers, and through its online presence, offering a variety of deposit products. Its primary sources of funds are deposits, principal and interest payments on loans, securities, and borrowings. The Bank operates 20 full-service banking offices in Bergen, Essex, Hudson, Middlesex, Morris, Passaic, and Union counties in New Jersey.
About the author
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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