Raymond James downgraded Rent The Runway to Market Perform from Outperform without a price target following the Q2 report.
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Read More on RENT:
- Rent the Runway (NASDAQ: RENT) Stumbles as Q2 Revenues Miss Expectations
- Rent the Runway, Inc. Announces Second Quarter 2023 Results
- Rent The Runway sees 2023 revenue at least $296.4M, consensus $324.65M
- Rent The Runway sees Q3 revenue $72M-$74M, consensus $84.74M
- Rent The Runway reports Q2 EPS (40c), consensus (43c)