BGB Securities Maintains HSN Buy, $41 PT

BGB Securities maintained its HSN (NASDAQ: HSNI) Buy rating and $41 price target in a research report published today.

In the report, BGB Securities states, "We also believe the expansion of the digital business further improves the leverage in the model and strengthens the company's position relative to traditional retailers over the long term."

Shares of HSN closed today at $32.15, down 8.17% from Wednesday's market close.