Loop Capital Maintains Buy on Lancaster Colony, Lowers Price Target to $232
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained its Buy rating on Lancaster Colony (NASDAQ:LANC) but has lowered the price target from $236 to $232.
August 26, 2024 | 12:56 pm
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NEUTRAL IMPACT
Loop Capital has maintained its Buy rating on Lancaster Colony but has lowered the price target from $236 to $232, indicating a slight decrease in expected valuation.
The maintenance of a Buy rating suggests continued confidence in Lancaster Colony's performance, but the lowered price target indicates a slight reduction in expected future valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100