Maxim keeps a Buy rating and $38 price target on Lovesac (LOVE) but calls the company a “unique secular growth story” after its first analyst day event yesterday. The company has showcased its ability to develop multiple product platforms and acquire customers via a robust omni-channel strategy, the analyst tells investors in a research note. Lovesac has also emphasized its Customer Acquisition Engines, highlighting its proven strategies to drive engagement, repeat purchases, and household penetration, the firm adds.
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Read More on LOVE:
- Lovesac Unveils Growth Plan with EverCouch Launch
- The Lovesac Company Unveils Ambitious Growth Strategy
- Lovesac introduces multi-year financial algorithm at Investor Day
- Lovesac sees FY26 annual EPS growth of at least 100%
- Short Report: Spike in bearish bets on Lovesac pays off
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
