Alert: Major Price Decline (12/8/23)-Lifecore Biomedical Inc (NASDAQ: LFCR).

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Lifecore Biomedical Inc (NASDAQ: LFCR) stock closed at $6.27 on 12/8/23 after a major decline of -11.1%. However, this decline was accompanied by normal trading volume at 83% of normal. The stock has declined -12.6% during the last week but has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, LFCR is expected to be a major Value Eraser.

Lifecore Biomedical is currently unrated.

Rating Review

The stock is currently unrated.

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