Lands' End shares are trading higher after Craig-Hallum upgraded the stock from Hold to Buy and raised its price target from $9 to $15.
Portfolio Pulse from Benzinga Newsdesk
Lands' End shares surged following an upgrade from Craig-Hallum, moving from Hold to Buy, with a new price target set at $15, up from $9.
March 28, 2024 | 4:38 pm
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Lands' End stock received a significant upgrade from Craig-Hallum, changing from Hold to Buy, with an increased price target from $9 to $15.
The upgrade by Craig-Hallum to a Buy rating and the increase in price target to $15 from $9 is a strong positive signal for Lands' End. This suggests a bullish outlook on the stock by the analyst firm, likely based on improved company fundamentals or market position. Such upgrades typically lead to increased investor confidence and can drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100