Canaccord Genuity Maintains Buy on Lovesac, Maintains $36 Price Target
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Maria Ripps has reiterated a Buy rating for Lovesac (NASDAQ:LOVE) and maintained a price target of $36.
September 13, 2024 | 6:10 pm
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Canaccord Genuity's analyst Maria Ripps has reiterated a Buy rating for Lovesac, maintaining a price target of $36. This suggests confidence in the company's future performance.
The reaffirmation of a Buy rating and a specific price target by a reputable analyst can positively influence investor sentiment and potentially lead to a short-term increase in stock price. The $36 target suggests an upside potential from current levels.
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