Roth MKM Maintains Neutral on LCI Indus, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Scott Stember has maintained a Neutral rating on LCI Industries (LCII) and reduced the price target from $113 to $100.

February 06, 2024 | 6:03 pm
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Roth MKM analyst Scott Stember maintains a Neutral rating on LCI Industries and lowers the price target from $113 to $100.
The reduction in the price target by Roth MKM, as announced by analyst Scott Stember, could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price of LCI Industries. The maintenance of a Neutral rating indicates that the analyst does not see significant upside or downside from the current level, but the lowering of the price target suggests a reassessment of the company's future growth prospects or valuation, which could be interpreted negatively by the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100