Wells Fargo raised the firm’s price target on ThredUP (TDUP) to $6 from $3 and keeps an Overweight rating on the shares. The firm adjusted ratings in retail cut 2026 earnings estimates well below the Street to reflect current tariff headwinds and assumptions for a mild recession. Both headwinds will begin impacting numbers in the second half of 2025, the analyst tells investors in a research note.
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Read More on TDUP:
- Positive Outlook for thredUP Amid Strategic Divestment and Operational Enhancements
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