Rent the Runway, Inc. Announces First Quarter 2024 Results

Go back to Rent the Runway, Inc. Announces First Quarter 2024 Results

Rent the Runway Inc (RENT) PT Raised to $34 at Jefferies

June 7, 2024 7:00 AM EDT

Jefferies analyst Ashley Helgans raised the price target on Rent the Runway Inc (NASDAQ: RENT) to $34.00 (from $21.00) while maintaining a Buy rating.

The analyst comments "Q1 sales and EBITDA beat and FY guide was held, including breakeven FCF. Mgmt. remains positive... More