Form 8-K Poshmark, Inc. For: Nov 09

Go back to Form 8-K Poshmark, Inc. For: Nov 09

Poshmark (POSH) PT Lowered to $28 at Stifel

November 10, 2021 6:52 AM EST

Stifel analyst Scott Devitt lowered the price target on Poshmark (NASDAQ: POSH) to $28.00 (from $48.00) while maintaining a Buy rating.

The analyst commented, "Poshmark reported disappointing 3Q results and guided 4Q revenue and adj. EBITDA below prior forecasts. Headwinds from IDFA impacted results to a... More