- 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.
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