Lavoro (NASDAQ:LVRO – Get Free Report) had its price objective cut by stock analysts at Oppenheimer from $9.00 to $7.00 in a research note issued on Monday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Oppenheimer’s price objective indicates a potential upside of 71.15% from the company’s current price.
A number of other research firms have also recently issued reports on LVRO. Canaccord Genuity Group upgraded shares of Lavoro to a “strong-buy” rating in a research note on Friday, July 19th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $8.50 price target on shares of Lavoro in a research report on Friday, July 19th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $8.38.
Check Out Our Latest Stock Analysis on Lavoro
Lavoro Stock Performance
About Lavoro
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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