ThredUP price target raised to $6 from $3 at Telsey Advisory

Telsey Advisory raised the firm’s price target on ThredUP (TDUP) to $6 from $3 and keeps an Outperform rating on the shares. The company delivered a “strong finish” to FY25, with Q4 revenue and adjusted EBTIDA margin exceeding revised guidance, the analyst tells investors. The firm is raising its price target on the stock given the company’s lack of tariff exposure and potential to benefit from increase apparel prices.