Goldman Sachs Maintains Sell Rating for Funko: Here's What You Need To Know

Goldman Sachs has decided to maintain its Sell rating of Funko FNKO and raise its price target from $5.00 to $6.50.

Shares of Funko are trading down 0.34% over the last 24 hours, at $8.72 per share.

A move to $6.50 would account for a 25.46% decline from the current share price.

About Funko

Funko Inc is an us-based pop culture consumer products company. It creates whimsical, fun, and different products which enable the customer to express their affinity for their favorite through the movie, TV show, video game, musician, or sports team. The company holds licenses and the rights to create tens of thousands of characters including Game of Thornes, Walking Dead, Disney, Marvel, Harry Potter, Fallout, and others. Its products include Pop, Dorbz, Mystery Vinyl, Plush, Action Figures, and Others. The company sells its products through a diverse network of retail customers across multiple retail channels, including specialty retailers, mass-market retailers, and e-commerce sites.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.