4 Analysts Assess LQR House: What You Need To Know
Portfolio Pulse from Benzinga Insights
In the last three months, 4 analysts have published ratings on LQR House (NASDAQ:LQR), with all ratings being bullish. The average 12-month price target is $5.5, slightly lower than the previous average of $5.67. LQR House aims to become a full-service digital marketing and brand development company in the alcoholic beverage space, with significant revenue growth but challenges in profitability and asset utilization.
June 12, 2024 | 1:00 pm
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LQR House has received 4 bullish ratings from analysts in the past three months, with an average 12-month price target of $5.5. The company shows strong revenue growth but faces challenges in profitability and asset utilization.
The unanimous bullish ratings from analysts and the strong revenue growth indicate positive sentiment and potential for short-term price appreciation. However, the challenges in profitability and asset utilization may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100