Oppenheimer Maintains Outperform on Lavoro, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Kristen Owen maintains an Outperform rating on Lavoro (NASDAQ:LVRO) but lowers the price target from $9 to $7.
October 21, 2024 | 3:56 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Oppenheimer has maintained its Outperform rating on Lavoro but reduced the price target from $9 to $7, indicating a more cautious outlook.
The maintenance of an Outperform rating suggests continued confidence in Lavoro's performance, but the lowered price target indicates a more cautious outlook, likely due to revised expectations or market conditions. This could lead to short-term downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100