Canaccord Genuity Maintains Buy on Laird Superfood, Raises Price Target to $3.5
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Bobby Burleson has maintained a Buy rating on Laird Superfood (AMEX:LSF) and increased the price target from $2.5 to $3.5.
May 09, 2024 | 6:57 pm
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Canaccord Genuity maintains a Buy rating on Laird Superfood and raises the price target to $3.5.
The increase in price target by a reputable analyst firm like Canaccord Genuity typically signals a positive outlook on the company's future performance and financial health. This endorsement can lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100