12:45 PM EDT, 05/29/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

With the share price up 31% from the April lows, we think there is less upside potential to our revised target price. We have lowered our target by $5 to $105, applying a forward P/E of 10.2x our 2026 earnings estimate, which is above the five-year historic average at 9.8x. We still keep a relative premium valuation given the earnings growth potential in the next 12 months. Using net tangible book value, another common valuation metric, we see that NRTS currently trades at 1.8x compared to the five-year historic average of 1.9x. Our target price would imply a price/net tangible book value of 2.1x, just above the range.