Canaccord Genuity Maintains Buy on Lifetime Brands, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained a Buy rating on Lifetime Brands (NASDAQ:LCUT) but lowered the price target from $10 to $9.
October 18, 2024 | 6:21 pm
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Canaccord Genuity maintains a Buy rating on Lifetime Brands but lowers the price target from $10 to $9, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in the stock, but the lowered price target indicates a slightly reduced expectation for future performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100