Roth MKM Upgrades Laird Superfood to Buy, Raises Price Target to $4.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst George Kelly upgraded Laird Superfood (AMEX:LSF) from Neutral to Buy and increased the price target from $1.3 to $4.5, indicating a positive outlook on the company's future performance.
May 09, 2024 | 1:09 pm
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POSITIVE IMPACT
Roth MKM upgraded Laird Superfood to Buy from Neutral and raised the price target to $4.5 from $1.3, showing strong confidence in the company's prospects.
The upgrade from Neutral to Buy by a reputable analyst, along with a significant increase in the price target, suggests a strong bullish sentiment towards Laird Superfood's stock. This is likely to positively influence investor perception and could lead to a short-term increase in stock price as market participants adjust their positions based on this new information.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100