Limoneira shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results and raised its guidance. Also, Lake Street maintained a Buy rating on the stock and raised its price target from $23 to $25.
Portfolio Pulse from Benzinga Newsdesk
Limoneira shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results and raised its guidance. Additionally, Lake Street maintained a Buy rating on the stock and raised its price target from $23 to $25.
June 07, 2024 | 6:37 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Limoneira shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results and raised its guidance. Lake Street also maintained a Buy rating and increased its price target from $23 to $25.
The better-than-expected Q2 EPS results and raised guidance are positive indicators of the company's performance, likely boosting investor confidence. Additionally, the maintained Buy rating and increased price target from Lake Street further support a positive short-term outlook for the stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100