Rent the Runway, Inc. Announces Second Quarter 2024 Results

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Rent the Runway Inc (RENT) PT Lowered to $26 at Jefferies

September 6, 2024 11:45 AM EDT

Jefferies analyst Ashley Helgans lowered the price target on Rent the Runway Inc (NASDAQ: RENT) to $26.00 (from $34.00) while maintaining a Buy rating.

The analyst comments "Q2 sales and EBITDA beat and FY guide was slightly raised, although Q3 EBITDA midpoint below... More