Keep Your EYE on This Stock, It Just Got a Rare Double Upgrade
From Nasdaq: 2025-05-15 08:47:00
National Vision Holdings Inc. (NASDAQ: EYE) has seen a massive surge in its stock price, jumping over 40% in the past week. The company operates over 1,300 optical retail locations in the US and partners with Walmart for Vision Centers.
The rally was sparked by National Vision’s blowout first-quarter earnings, with non-GAAP EPS at 34 cents and revenue hitting $510.3 million. The company implemented strategic changes in 2024, leading to improved performance and raised full-year guidance across the board.
Bank of America issued a rare double upgrade for National Vision, moving from Underperform to Buy with a price target of $22. Analysts see strong potential for the company’s initiatives and growth drivers, despite concerns about overbought territory in the short term.
Long-term investors may see any potential pullback as a buying opportunity, as National Vision’s bullish case gains momentum. With transformation efforts showing results and analysts predicting further gains, the stock could be one to watch closely for potential accumulation.
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