Information Provided By:
Fly News Breaks for August 23, 2019
LNDC
Aug 23, 2019 | 07:48 EDT
DA Davidson analyst Brian Holland initiated Landec with a Buy rating and a price target of $14, saying his "sum-of-the-parts" valuation methodology suggests that the stock offers a "compelling" risk-reward. The analyst cites the initiatives of the recently appointed CEO Albert Bolles targeting the expansion of the company's Curation Foods segment margins. Holland adds that the "stability" of that business will also support the company's "undervalued" Lifecore Biomedical segment, which is currently benefiting from secular R&D outsourcing / manufacturing tailwinds in the pharma industry.
News For LNDC From the Last 2 Days
There are no results for your query LNDC