AMMO Inc. (POWW) Misses Q1 EPS by 1c

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Go back to AMMO Inc. (POWW) Misses Q1 EPS by 1c

AMMO, Inc. (POWW) PT Lowered to $1.60 at Roth/MKM

August 12, 2024 5:07 AM EDT

Roth/MKM analyst Matt Koranda lowered the price target on AMMO, Inc. (NASDAQ: POWW) to $1.60 (from $2.00) while maintaining a Neutral rating.

The analyst comments "1FQ results were fine on sales (roughly inline with ROTHe although Gunbroker was softer-than-expected), but a still-too-high cost structure... More