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Lovesac price target raised to $22 from $19 at Roth Capital

Roth Capital raised the firm’s price target on Lovesac (LOVE) to $22 from $19 and keeps a Buy rating on the shares. The company reported a strong Q4, highlighted by sustained sales growth and strong free cash flow, the analyst tells investors in a research note. New product innovation and launches should also begin kicking in later this year, the firm adds.

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