Stephens lowered the firm’s price target on Lancaster Colony (LANC) to $195 from $200 and keeps an Equal Weight rating on the shares after the company reported fiscal Q3 results that were below expectations on the top and bottom lines. The biggest headwind to sales growth currently is declining consumer sentiment, but should that improve, the firm believes there is upside to FY26 numbers, the analyst tells investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LANC:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue