JMP Securities Maintains Market Outperform on Rent the Runway, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has maintained a Market Outperform rating on Rent the Runway (NASDAQ:RENT) and raised the price target from $20 to $40.
June 07, 2024 | 3:46 pm
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JMP Securities has maintained a Market Outperform rating on Rent the Runway and raised the price target from $20 to $40, indicating strong confidence in the company's future performance.
The raised price target from $20 to $40 by JMP Securities suggests a significant positive outlook for Rent the Runway. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100