Canaccord lowered the firm’s price target on Lifetime Brands (LCUT) to $6 from $7 and keeps a Buy rating on the shares. The firm updated its model and lowered its target ahead of Q1 results after analyzing Circana sales, Semrush search data, and social media activity across four companies in their coverage universe.
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Read More on LCUT:
- Lifetime Brands price target lowered to $6 from $6.75 at DA Davidson
- Lifetime Brands: Strong Q4 Performance and Global Growth Justify Buy Rating
- Lifetime Brands Reports Strong Q4 2024 Results
- Lifetime Brands’ Earnings Call: Cautious Optimism Amid Challenges
- Lifetime Brands reports Q4 adjusted EPS 55c, consensus 43c