Roth MKM Maintains Buy on Limoneira, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Gerry Sweeney has reaffirmed a Buy rating on Limoneira (NASDAQ:LMNR) and increased the price target from $17 to $23.
January 02, 2024 | 4:41 pm
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Roth MKM analyst Gerry Sweeney maintains a Buy rating on Limoneira and raises the price target from $17 to $23, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100