Stephens & Co. Maintains Equal-Weight on Lakeland Financial, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Terry McEvoy has maintained an Equal-Weight rating on Lakeland Financial (NASDAQ:LKFN) and increased the price target from $67 to $70.
January 26, 2024 | 6:06 pm
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Stephens & Co. maintains an Equal-Weight rating on Lakeland Financial and raises the price target from $67 to $70, indicating a positive outlook on the stock.
The increase in price target by Stephens & Co. suggests a positive sentiment towards Lakeland Financial's stock performance. While the rating remains unchanged at Equal-Weight, the higher price target may lead to increased investor confidence and could potentially result in a short-term uplift in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100