Raymond James Maintains Outperform on Lakeland Financial, Raises Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst David Long has maintained an Outperform rating on Lakeland Financial (NASDAQ:LKFN) and increased the price target from $60 to $78.
January 26, 2024 | 10:20 am
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Raymond James analyst David Long has reaffirmed an Outperform rating on Lakeland Financial and raised the price target to $78, 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