What's Going On With Container Store Stock After Getting $40M Investment From Beyond?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 16 2024
0mins
Source: Benzinga
Container Store Partnership: The Container Store's shares rose after announcing a strategic partnership with Beyond, Inc., which includes a $40 million investment to enhance customer experience and create co-branded stores.
Stock Performance: Despite the recent gains, TCS stock has dropped over 65% in the past year, while BYON stock has fallen more than 40%.
Analyst Views on ONLN
Wall Street analysts forecast ONLN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ONLN is USD with a low forecast of USD and a high forecast of 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.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 62.780
Low
Averages
High
Current: 62.780
Low
Averages
High
No data
About the author
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.
