Oppenheimer Maintains Outperform on Lovesac, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Nagel maintains an Outperform rating on Lovesac (NASDAQ:LOVE) but lowers the price target from $60 to $35.
May 01, 2024 | 12:21 pm
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Oppenheimer maintains an Outperform rating on Lovesac but lowers the price target from $60 to $35.
The reduction in price target by Oppenheimer, despite maintaining an Outperform rating, could lead to short-term negative sentiment among investors, potentially impacting Lovesac's stock price negatively.
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