Morgan Stanley Maintains Equal-Weight on ThredUp, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Lauren Schenk has maintained an Equal-Weight rating on ThredUp (NASDAQ:TDUP) and lowered the price target from $4 to $3.
November 07, 2023 | 2:05 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on ThredUp and lowered the price target from $4 to $3.
The lowering of the price target by Morgan Stanley from $4 to $3 indicates a bearish outlook for ThredUp. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100