Alert: Major Price Advance (10/9/24)-The Container Store Group Inc (NYSE: TCS).

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On 10/9/24, The Container Store Group Inc (NYSE: TCS) stock enjoyed a major increase of 17.8%, closing at $10.87. Moreover, this advance was accompanied by unusually high trading volume at 153% of normal. The stock has risen 19.8% during the last week but has been extremely weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, TCS is expected to be Value Creation neutral.

Container Store Group has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Container Store Group has a very low Appreciation Score of 13 and a very low Power Rating of 1, triggering the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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