The Lovesac Company (LOVE) Tops Q1 EPS by 71c, Revenues Beat

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The Lovesac Co. (LOVE) PT Raised to $98 at Canaccord Genuity

June 10, 2021 6:54 AM EDT

Canaccord Genuity analyst Maria Ripps raised the price target on The Lovesac Co. (NASDAQ: LOVE) to $98.00 (from $77.00) while maintaining a Buy rating following results.

The analyst commented, "Lovesac reported another set of impressive results in 1Q22, with 53% y/y total revenue growth and better-than-expected profitability.... More