DA Davidson Reaffirms Buy Rating on CTRN
DA Davidson reiterated its buy rating on CTRN, setting a price target of $73, a 15.07% upside from the current price.
Key Points
- DA Davidson reiterated its buy rating on CTRN with a $73 price target on June 25, 2026.
- DA Davidson's $73 price target implies 15.07% upside from Citi Trends, Inc.'s ($CTRN) current $63.44 share price.
- On Thursday, CTRN traded near $63.44, reflecting recent analyst confidence.
- FUND 1 Investments held 2,573,486 shares while Vanguard Capital Management opened a new position with 233,163 shares.
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DA Davidson has reaffirmed its buy rating on CTRN, setting a price target of $73. This update came on June 25, 2026, as analyst Michael Baker reiterated the firm's positive outlook on the stock.
DA Davidson vs. the S&P 500
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Other Institutional Activity in CTRN
Several institutional investors have been active in CTRN. FUND 1 Investments, LLC maintained its position with 2,573,486 shares valued at approximately $111.5 million. Divisadero Street Capital Management, LP significantly increased its holdings by 290,939 shares to a total of 494,046 shares, a 143.2% rise, now worth $21.4 million. Meanwhile, BlackRock, Inc. slightly decreased its holdings by 4,036 shares to 437,897 shares, valued at $18.97 million. Dimensional Fund Advisors LP reduced its position by 36,974 shares, ending with 327,769 shares valued at $14.2 million. Vanguard Capital Management LLC opened a new position with 233,163 shares valued at about $10.1 million.
Citi Trends, Inc. Stock Down 5.7%
Shares of CTRN traded near $63.44 on Thursday. The stock has shown resilience with a 52-week low of $40.00 and a high of $75.00. The market has been closely watching its movements as analysts continue to express confidence in its potential.
$CTRN price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at Citi Trends, Inc.
Recent insider transactions include FUND Investments, LLC selling 750,000 shares at an average price of $56.5 on June 24, 2026. On June 10, 2026, several insiders, including Michael Kvitko and David Heath, each purchased 1,681 shares, though the price was not disclosed.
Analysts Set New Price Targets
On June 25, 2026, DA Davidson maintained its buy rating on CTRN with a $73 price target. This follows previous price targets of $68 set on May 28, 2026, and $52 set in December 2025. Craig-Hallum maintained a hold rating with a $20 target in December 2024, indicating varied perspectives among analysts.
Bottom Line
DA Davidson's reiterated buy rating and increased price target reflect continued confidence in CTRN's growth prospects. Institutional investors have been actively adjusting their positions, indicating a dynamic interest in the stock. As always, these ratings and positions are backward-looking and may not reflect current market conditions.
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