Lavoro (NASDAQ:LVRO – Free Report) had its target price reduced by Oppenheimer from $9.00 to $7.00 in a report issued on Monday morning, Benzinga reports. They currently have an outperform rating on the stock.
A number of other brokerages have also recently issued reports on LVRO. Canaccord Genuity Group reissued a “buy” rating and set a $8.50 price objective on shares of Lavoro in a report on Friday, July 19th. Canaccord Genuity Group raised Lavoro to a “strong-buy” rating in a report on Friday, July 19th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Lavoro currently has a consensus rating of “Buy” and a consensus target price of $8.38.
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Lavoro Stock Up 0.5 %
Lavoro Company Profile
Lavoro Limited operates as an agricultural inputs retailer. The company operates through three segments: Brazil Cluster, LATAM Cluster, and Crop Care Cluster. It distributes agricultural inputs, such as crop protection, seeds, fertilizers, foliar fertilizers, biologicals, adjuvants, organominerals, and others for the agricultural industry.
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