DA Davidson Maintains Buy on Lovesac, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Tom Forte maintains a Buy rating on Lovesac (NASDAQ:LOVE) and raises the price target from $24 to $32.
June 14, 2024 | 2:51 pm
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DA Davidson analyst Tom Forte has maintained a Buy rating on Lovesac and increased the price target from $24 to $32, indicating a positive outlook for the stock.
The analyst's decision to maintain a Buy rating and raise the price target suggests confidence in Lovesac's future performance. This is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100