Wedbush Reiterates Outperform on Landsea Homes, Maintains $16 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Jay McCanless has reiterated an Outperform rating on Landsea Homes (NASDAQ:LSEA) and maintained a $16 price target.
August 04, 2023 | 11:24 am
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Wedbush analyst has reiterated an Outperform rating on Landsea Homes and maintained a $16 price target.
The reiteration of an Outperform rating by a reputable analyst like Jay McCanless from Wedbush is a positive signal for Landsea Homes. The maintained price target of $16 also indicates the analyst's confidence in the company's potential. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100