Alert: Major Price Advance (11/9/23)-Lifetime Brands Inc (NASDAQ: LCUT).

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Lifetime Brands Inc (NASDAQ: LCUT) stock closed at $6.44 on 11/9/23 after a major increase of 10.3%. The stock has performed in line with the market over the last nine months and has risen 20.1% during the last week.

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Current PriceTarget Research Rating

LCUT is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Lifetime Brands has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Lifetime Brands has a slightly positive Power Rating of 62 and a good Appreciation Score of 80, with the Positive Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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