LifeVantage price target lowered to $5 from $12 at Lake Street

Lake Street lowered the firm’s price target on LifeVantage (LFVN) to $5 from $12 and keeps a Buy rating on the shares after the company’s second quarter results and updated guidance were weaker than expected. With shares trading off 25% after hours, the firm believes valuation has likely troughed and thinks “there is a path for the multiple to work higher over time” if the company can execute against its revised FY26 guidance, the analyst tells investors.