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Fly News Breaks for October 3, 2019
LNDC
Oct 3, 2019 | 08:26 EDT
Barrington analyst Michael Petusky said Landec reported in-line profitability in Q1 with better than expected revenue, but gave "somewhat soft" Q2 guidance, which leaves the fiscal year "very back-end loaded." Following the report, Petusky cut his price target on Landec shares to $11 from $13, though he maintains an Outperform rating on the stock.
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