DA Davidson Downgrades LCI Indus to Underperform, Lowers Price Target to $91
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Brandon Rolle has downgraded LCI Indus (NYSE:LCII) from Neutral to Underperform and lowered the price target from $113 to $91.
October 06, 2023 | 11:51 am
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NEGATIVE IMPACT
LCI Indus has been downgraded by DA Davidson from Neutral to Underperform, with a lowered price target from $113 to $91.
The downgrade from DA Davidson is a negative signal for LCI Indus. The lowered price target suggests that the analyst believes the stock is overvalued at current levels, which could lead to selling pressure and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100