Needham Reiterates Buy on ThredUp, Maintains $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Anna Andreeva reiterated a Buy rating on ThredUp (NASDAQ:TDUP) and maintained a $5 price target.

March 05, 2024 | 11:26 am
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Needham analyst Anna Andreeva reiterated a Buy rating on ThredUp and maintained a $5 price target.
The reiteration of a Buy rating and maintenance of a $5 price target by a reputable analyst like Anna Andreeva from Needham is likely to instill confidence among investors and could positively influence ThredUp's stock price in the short term. Analyst ratings, especially from well-regarded financial institutions, can significantly impact investor sentiment and stock prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100