TDUP Similar Chart Price Prediction
The price of TDUP is predicted to go up -5.53%, based on the high correlation periods with AVAV. The similarity of these two price pattern on the periods is 97.92%.
TDUP
AVAV
Down: -5.53%Similarity: 97.92%
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TDUP Analyst's Forecast
Bernie McTernan
Needham
Hold
2024-10-23
Price Target
n/a
Downside
0%
Needham reinstated coverage of ThredUP with a Hold rating and no price target. ThredUP is benefitting from the "two key themes," of recommerce and automation and the firm sees the potential for the company to benefit from these two tailwinds over the medium term. However, it thinks the larger investment headwind of contracting revenue will be "the more powerful driver of the stock over the next year," the analyst tells investors.
