Clarus (CLAR) to Acquire Rhino-Rack

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Go back to Clarus (CLAR) to Acquire Rhino-Rack

Clarus Corp (CLAR) PT Raised to $31 at DA Davidson

June 1, 2021 5:01 PM EDT

DA Davidson analyst Linda Bolton Weiser raised the price target on Clarus Corp (NASDAQ: CLAR) to $31.00 (from $26.00) while maintaining a Buy rating after the company agreed to acquire Rhino-Rack.

The analyst commented, "CLAR closed +6% after announcing it would acquire Australian-based Rhino-Rack for $198M in cash and stock. At... More

Clarus Corp (CLAR) PT Raised to $27 at Stifel on Rhino-Rack Deal

June 1, 2021 10:16 AM EDT

Stifel analyst Jim Duffy raised the price target on Clarus Corp (NASDAQ: CLAR) to $27.00 (from $24.00) while maintaining a Buy rating after the company agreed to acquire Rhino-Rack, a Sydney, AU based manufacturer and distributor of automotive roof racks.

The analyst commented,... More