Sidoti & Co. Downgrades La-Z-Boy to Neutral
Portfolio Pulse from Benzinga Newsdesk
Sidoti & Co. has downgraded La-Z-Boy (NYSE:LZB) from Buy to Neutral, as per analyst Anthony Lebiedzinski.
August 21, 2024 | 3:21 pm
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NEGATIVE IMPACT
Sidoti & Co. has downgraded La-Z-Boy from Buy to Neutral, which may affect investor sentiment and short-term stock performance.
The downgrade from Buy to Neutral by Sidoti & Co. suggests a less optimistic outlook on La-Z-Boy's stock, which could lead to a decrease in investor confidence and potential selling pressure, negatively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100