Lifetime Brands price target lowered to $9 from $10 at Canaccord

Canaccord analyst Brian McNamara lowered the firm’s price target on Lifetime Brands (LCUT) to $9 from $10 and keeps a Buy rating on the shares. The firm said they analyzed Circana sales performance, Semrush search data, and social media activity and lowered its target given reduced estimates driven by the Cricana sales data.