Funko, Inc. (FNKO) Receives New Coverage from Analysts at Bank of America Corporation
Equities research analysts at Bank of America Corporation assumed coverage on shares of Funko, Inc. (NASDAQ:FNKO) in a research note issued to investors on Monday. The brokerage set a “buy” rating on the stock.
A number of other research firms have also weighed in on FNKO. J P Morgan Chase & Co started coverage on shares of Funko in a research report on Monday. They set an “overweight” rating for the company. Jefferies Group LLC began coverage on shares of Funko in a report on Monday. They set a “buy” rating and a $13.00 price objective on the stock. BMO Capital Markets began coverage on shares of Funko in a report on Monday. They set an “outperform” rating on the stock. Goldman Sachs Group Inc began coverage on shares of Funko in a report on Monday. They set a “neutral” rating on the stock. Finally, Stifel Nicolaus began coverage on shares of Funko in a report on Monday. They set a “buy” rating on the stock. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Funko presently has a consensus rating of “Buy” and an average target price of $13.00.
Funko (NASDAQ FNKO) opened at $8.20 on Monday. Funko has a 52-week low of $6.93 and a 52-week high of $8.60.
In related news, Director Charles D. Denson acquired 13,300 shares of the company’s stock in a transaction dated Monday, November 6th. The shares were bought at an average price of $12.00 per share, for a total transaction of $159,600.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
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Funko Company Profile
Funko, Inc is a pop culture consumer products company. The Company is engaged in selling a broad range of pop culture consumer products, featuring characters from a range of media and entertainment content, including movies, TV shows, video games, music and sports. Its products combine its proprietary brands and designs into properties it licenses from content providers.
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