Piper Sandler Maintains Underweight on LSB Industries, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Charles Neivert maintains an Underweight rating on LSB Industries (NYSE:LXU) and raises the price target from $8 to $9.
May 07, 2024 | 11:12 am
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NEUTRAL IMPACT
Piper Sandler maintains an Underweight rating on LSB Industries but raises the price target from $8 to $9.
The increase in price target from $8 to $9 by Piper Sandler, despite maintaining an Underweight rating, suggests a slightly improved outlook for LSB Industries. However, the Underweight rating indicates ongoing concerns about the company's performance. This mixed sentiment may lead to neutral short-term price movement as investors digest both the positive and negative aspects of the analyst's perspective.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100