Savers Value Village price target lowered to $10 from $11 at Piper Sandler

Piper Sandler lowered the firm’s price target on Savers Value Village (SVV) to $10 from $11 and keeps a Neutral rating on the shares. The firm cites Q4 results inline with the January ICR pre-announcement, and 2025 guidance that was set below estimates. While Savers Value Village has effectively posted six disappointing EPS announcements in a row, the 2025 guidance finally seems to be set at a level that has fully moved past the faulty/elevated multi-year guidance set at the time of the IPO in mid-2023, Piper argues.