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Benzinga

Shivani Kumaresan

Read Why Jefferies Sees Sharp Upside In This Thrift Store Operator

Jefferies ThredUp Nasdaq

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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