DA Davidson Initiates Coverage On Lancaster Colony with Neutral Rating, Announces Price Target of $185
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Brian Holland has initiated coverage on Lancaster Colony (NASDAQ: LANC) with a Neutral rating and set a price target of $185 for the company's stock.

December 08, 2023 | 10:41 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Lancaster Colony receives a Neutral rating from DA Davidson with a price target of $185, indicating a balanced view on the stock's future performance.
The initiation of coverage by an analyst typically garners attention from investors and can influence stock perception. A Neutral rating suggests that DA Davidson believes Lancaster Colony's stock is fairly valued at its current price, implying no significant short-term movement. The price target of $185 provides a reference point for investors but does not suggest a strong upside or downside, hence the neutral impact score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100