Roth MKM Maintains Buy on Lovesac, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Matt Koranda has maintained a Buy rating on Lovesac (NASDAQ:LOVE) but has lowered the price target from $34 to $30.

April 12, 2024 | 12:20 pm
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Roth MKM maintains a Buy rating on Lovesac but lowers the price target from $34 to $30.
The adjustment in price target by Roth MKM reflects a revised valuation perspective on Lovesac, potentially due to market conditions or company performance. While the Buy rating indicates continued confidence in the company's prospects, the lowered price target suggests a tempered outlook on its stock price performance in the short term. Investors might see this as a nuanced view, balancing optimism with a cautious assessment of near-term growth potential.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100