Lazydays price target lowered to $2 from $4 at Truist

Truist lowered the firm’s price target on Lazydays to $2 from $4 and keeps a Hold rating on the shares. Lazydays reported another challenging quarter, with liquidity becoming an increasing point of concern, the analyst tells investors in a research note. While management’s efforts to right the ship have been commendable, Truist fully acknowledges that factors outside of the company’s control will likely dictate its ability to successfully navigate the next 6-9 months.