Jefferies Maintains Hold on Lancaster Colony, Raises Price Target to $203
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Rob Dickerson maintains a Hold rating on Lancaster Colony (NASDAQ:LANC) and raises the price target from $200 to $203.

March 11, 2024 | 1:42 pm
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Jefferies maintains a Hold rating on Lancaster Colony and raises the price target from $200 to $203.
The increase in price target by Jefferies from $200 to $203, while maintaining a Hold rating, suggests a positive outlook on Lancaster Colony's stock value in the short term. This adjustment reflects an expectation of modest stock appreciation, likely due to perceived stability or potential growth not fully warranting an upgrade to Buy. Investors may view this as a signal of confidence in the company's near-term prospects, potentially leading to a slight increase in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100