Roth MKM lowered the firm’s price target on Lovesac to $30 from $34 but keeps a Buy rating on the shares. The analyst cites the company’s Q4 earnings miss and light FY25 guidance driven by broader furniture category demand that remains volatile. The firm adds however that while it is disappointed with the lack of operating leverage seemingly embedded in guidance, Roth MKM is remaining constructive, viewing the weakness in Lovesac as “buyable”.
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