GAMCO Sends Letter to Vista Outdoor Inc.
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Roth/MKM Reiterates Buy Rating on Vista Outdoor (VSTO)
July 31, 2024 6:12 AM EDTRoth/MKM analyst Matt Koranda reiterated a Buy rating and $42.00 price target on Vista Outdoor (NYSE: VSTO).
The analyst comments "Before the market open on 7/30, Vista announced that it is exploring a range of strategic alternatives that include (1) the potential sale of Revelyst... More
Vista Outdoor (VSTO) Board Announces Review of Strategic Alternatives
July 30, 2024 6:01 AM EDTVista Outdoor Inc. (Vista Outdoor or the Company) (NYSE: VSTO) today announced that its Board of Directors (the Board) has commenced a review of strategic alternatives, which includes:
Exploration of a full range of alternatives for Revelyst, including a potential sale of Revelyst. The Czechoslovak Group a.s. (CSG) is also considering an acquisition of Revelyst with potential partners (in addition to its proposed acquisition of The Kinetic Group).Engagement with MNC Capital (MNC) and its private equity partner with respect to its proposal to acquire Vista Outdoor to see... More