Wells Fargo Maintains Overweight on ThredUp, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ike Boruchow maintains an Overweight rating on ThredUp (NASDAQ:TDUP) but lowers the price target from $5 to $3.
August 06, 2024 | 3:04 pm
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Wells Fargo analyst Ike Boruchow maintains an Overweight rating on ThredUp but lowers the price target from $5 to $3.
The lowered price target from $5 to $3 suggests a less optimistic outlook for ThredUp's stock performance, which could lead to a short-term decline in its stock price despite the maintained Overweight rating.
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