Read Why Jefferies Sees Sharp Upside In This Thrift Store Operator

by Shivani Kumaresan, Benzinga Staff Writer

March 18, 2022 9:58 AM | 29 seconds read |

Jefferies analyst Ashley Helgans initiated coverage of ThredUp Inc 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.