Rent the Runway, Inc. Announces Fourth Quarter and Full Year 2023 Results

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Rent the Runway Inc (RENT) PT Lowered to $21 at Jefferies

April 12, 2024 4:12 AM EDT

Jefferies analyst Ashley Helgans lowered the price target on Rent the Runway Inc (NASDAQ: RENT) to $21.00 (from $53.00) while maintaining a Buy rating.

The analyst comments "Q4 sales and EBITDA beat cons. Initial FY24 guide was below on sales at the midpoint... More