ThredUp (TDUP) Misses Q1 EPS by 1c; Guides Lower

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ThredUp Inc. (TDUP) PT Lowered to $10 at Needham & Company

May 10, 2022 6:37 AM EDT

Needham & Company analyst Anna Andreeva lowered the price target on ThredUp Inc. (NASDAQ: TDUP) to $10.00 (from $25.00) while maintaining a Buy rating following earnings.

The analyst commented, "TDUP's core Consignment biz (65% of sales now given Remix) slowed to 6% y/y in 1Q22 (1% sequential... More