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

May 07, 2024 | 11:15 am
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Needham analyst Anna Andreeva reaffirmed a Buy rating on ThredUp with a $5 price target.
The reaffirmation of a Buy rating and a maintained 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 those that are positive, tend to have a favorable impact on stock prices as they often lead to increased investor interest and perceived value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100