Lake Street lowered the firm’s price target on Lifeward (LFWD) to $4.50 from $6 and keeps a Buy rating on the shares. The firm has updated its model to reflect the Q4 preliminary results announced along with news that CEO Larry Jasinski will step down, while also adjusting its share count for the equity offering conducted early this year, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LFWD: