1359 ET - UBS analysts are bullish on Bob's Discount Furniture. The analysts say in a research note that the retailer's goal to reach 500 stores by 2035 appears achievable. At the same time, the company has a credible plan to support its growth outlooks for revenue and adjusted Ebitda, and it stands to benefit from compelling new unit economics and a differentiated merchandising model, the analysts say. Bob's has a long runway ahead of it, as the company executes on its plans, the market gains conviction around its strategy and the home-furnishings industry emerges from a multi-year downturn, they write. UBS initiates coverage of Bob's with a buy rating and a $27 price target. (connor.hart@wsj.com)
(END) Dow Jones Newswires
March 02, 2026 13:59 ET (18:59 GMT)
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