Raymond James Maintains Outperform on Lakeland Financial, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst David Long has maintained an 'Outperform' rating on Lakeland Financial (NASDAQ:LKFN) but lowered the price target from $64 to $60.
October 26, 2023 | 1:25 pm
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Lakeland Financial's price target has been lowered from $64 to $60 by Raymond James, though the 'Outperform' rating is maintained.
The news directly pertains to Lakeland Financial. The lowering of the price target might indicate a potential downside, but the maintained 'Outperform' rating suggests that the analyst still sees the stock as a good investment. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100