Lake Street Downgrades Limoneira to Hold, Maintains Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Ben Klieve has downgraded Limoneira (NASDAQ:LMNR) from Buy to Hold, while maintaining the price target at $25.
September 10, 2024 | 12:38 pm
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Lake Street analyst Ben Klieve downgraded Limoneira from Buy to Hold, maintaining the price target at $25. This suggests a neutral outlook on the stock.
The downgrade from Buy to Hold indicates a shift from a positive to a neutral stance by the analyst, suggesting that the stock may not outperform in the short term. However, the maintained price target of $25 suggests that the analyst does not foresee a significant downside either.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100