Lovesac price target lowered to $30 from $45 at Canaccord

Canaccord analyst Maria Ripps lowered the firm’s price target on Lovesac (LOVE) to $30 from $45 and keeps a Buy rating on the shares. The firm said the company’s fiscal 4Q25 results came in above expectations for both revenue and profitability. Quote conversion improved in December and January, partially reflecting a decision to selectively increase discounts above recent levels, albeit not to the degree offered by certain competitors. Lovesac outlined numerous levers at its disposal to structurally manage tariffs, including working with its vendors on concessions, implementing surgical price increases, adjusting promotional intensity, and driving other efficiencies.