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Re: HokieHead post# 6

Monday, 04/19/2021 2:26:01 PM

Monday, April 19, 2021 2:26:01 PM

Post# of 16
Goldman Sachs initiated the stock at Buy with a $35 price target.

"Cricut has created a rapidly growing automated crafting user base around its popular precision cutting machines. In addition, we believe that Cricut's highly engaged base of automated crafters can be increasingly monetized through subscriptions over time. We believe Cricut is poised to see strong double-digit revenue growth with sustainable EBITDA margins over 20%," Goldman said.

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