Northland lowered the firm’s price target on ThredUP (TDUP) to $10 from $14 and keeps an Outperform rating on the shares. The firm raised its FY26 revenue estimate to $352.5M, from $344.9M, reflecting the continued momentum of the marketplace, healthy buyer trends, and modest contribution from new supply initiatives, such as the TikTok shop, but lowers its price target on a lower multiple.
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