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Funko, Inc. (NASDAQ:FNKO), Target Corporation (NYSE:TGT) - Funko Stock Jumps After Double Upgrade, Analyst Raises Price Target By 150%


Share:
Shares of toy and collectible maker
Funko Inc (NASDAQ: FNKO) jumped 8% on Thursday morning after the stock landed a double upgrade on Wall Street.
The Analyst: Bank of America analyst Alexander Perry upgraded Funko from Underperform to Buy and raised his price target from $12 to $30.
The Thesis: In the upgrade note, Perry said Funko is making tremendous strides in expanding its addressable market with toys, games and NFTs.
Perry estimates the toys and games market represents an $87 billion opportunity for Funko, and the company’s new products can potentially help it capture a larger slice of the pie. In particular, Perry said the expansion of the company’s games category outside of strategy and into kids and family games could help Funko grow its presence in discount retail stores, such as ....

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Shingletown man convicted of murder, arson sentenced 32 years to life


A Shingletown man convicted of killing a woman and lighting a forest fire to cover up the murder was sentenced Monday to 32 years to life in prison. 
Frank Alexander Berry, 51, was arrested and charged in August of 2018 after officials found the body of Anna Louise Coker, 50, in Lassen National Forest while fighting a 2-acre fire. Investigators said the two had been dating for several weeks before her death.
About 20 people, including Coker’s family, were present for the hearing, enough to cause a change in venue to a larger courtroom due to COVID-19 spacing restrictions. 
They wore shirts with her name and shirts with her photo. Through masks, some spoke about her love for family and faith. They recalled past memories, and with tears, mourned the ones they could no longer make. They asked a judge to give Berry the maximum possible sentence, which Berry received.  ....

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