Morgan Stanley started coverage on shares of ThredUp (NASDAQ:TDUP) in a report released on Tuesday, Analyst Ratings Network reports. The brokerage issued an equal weight rating and a $16.00 target price on the stock.
Separately, Telsey Advisory Group assumed coverage on shares of ThredUp in a research report on Tuesday. They set an outperform rating and a $20.00 price objective for the company. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. ThredUp has an average rating of Buy and an average price target of $19.86.
NASDAQ:TDUP opened at $18.92 on Tuesday. ThredUp has a fifty-two week low of $14.23 and a fifty-two week high of $31.60.
ThredUp Inc operates online resale platforms for women's and kids' apparel, shoes, and accessories. The company was founded in 2009 and is based in Oakland, California.
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