Roth Capital raised the firm’s price target on Lovesac (LOVE) to $28 from $22 and keeps a Buy rating on the shares after its Q4 results. The company was able to deliver stabilized conversion and performance with healthy profitabiliy despite lower sales, while its management highlighted stable demand trends quarter to date, the analyst tells investors in a research note. Lovesac Q1 guide also bracketed consensus, Roth adds.
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