Litchfield Hills Initiates Coverage On LiveOne with Buy Rating, Announces Price Target of $4
Portfolio Pulse from Benzinga Newsdesk
Litchfield Hills analyst Barry Sine initiates coverage on LiveOne (NASDAQ:LVO) with a Buy rating and a price target of $4.
April 12, 2024 | 4:51 pm
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Litchfield Hills has initiated coverage on LiveOne with a Buy rating and set a price target of $4.
Analyst ratings, especially with a Buy recommendation, can positively influence investor sentiment and potentially drive the stock price up. The setting of a price target above the current market price usually signals an analyst's confidence in the stock's future performance, encouraging investment.
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