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Benzinga
Benzinga
Shivani Kumaresan

Read Why Jefferies Sees Sharp Upside In This Thrift Store Operator

  • Jefferies analyst Ashley Helgans initiated coverage of ThredUp Inc (NASDAQ:TDUP) with a Buy rating and $13 price target, implying a 57% upside.
  • Ashley noted ThredUp is uniquely positioned in the resale industry as the only managed marketplace for mass apparel and footwear.
  • ThredUp is an online resale platform for women and kids apparel, shoes, and accessories.
  • Price Action: TDUP shares are trading higher by 3.29% at $8.16 on the last check Friday.
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