Morgan Stanley Maintains Equal-Weight on ThredUp, Raises Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Lauren Schenk has maintained an Equal-Weight rating on ThredUp (NASDAQ:TDUP) and raised the price target from $2.25 to $4.
August 10, 2023 | 2:48 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on ThredUp and raised the price target from $2.25 to $4, which could potentially attract investors.
The raised price target by Morgan Stanley indicates a positive outlook for ThredUp. This could potentially attract investors, leading to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100