Canaccord Genuity Maintains Buy on Lifetime Brands, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Brian McNamara has maintained a Buy rating on Lifetime Brands (NASDAQ:LCUT) and increased the price target from $8 to $11.
March 13, 2024 | 2:11 pm
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Canaccord Genuity has reaffirmed its Buy rating on Lifetime Brands and raised the price target from $8 to $11.
The upgrade in the price target by a reputable analyst firm like Canaccord Genuity typically signals a strong bullish sentiment on the stock, suggesting an anticipated positive performance in the short term. This could lead to increased investor confidence and potentially drive the stock price up.
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IMPORTANCE 90
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