LOV has bounced extremely well after its knee-jerk reaction after the hawkish CPI print. The spike under $30 on the announcement that CEO Victor Herrero would leave the company was the best window of opportunity in months, especially as we can see the stock above $35 in the coming FY.
- We like LOV as a business, but the risk/reward isn’t enticing above $30.
MM is cautiously bullish towards LOV
Add To Hit List
