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Lifetime Brands price target lowered to $6 from $7 at Canaccord

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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