Oppenheimer Reiterates Outperform on Local Bounti, Maintains $3 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Colin Rusch reiterated an Outperform rating on Local Bounti (NYSE:LOCL) and maintained a $3 price target.
May 26, 2023 | 3:31 pm
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Oppenheimer analyst Colin Rusch reiterated an Outperform rating on Local Bounti and maintained a $3 price target.
The reiteration of the Outperform rating and maintenance of the $3 price target by Oppenheimer analyst Colin Rusch indicates a positive outlook for Local Bounti's stock in the short term. This news is highly relevant and important for investors, as it reflects the analyst's confidence in the company's performance.
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IMPORTANCE 80
RELEVANCE 100