Alert: Major Price Advance (1/5/24)-Lifecore Biomedical Inc (NASDAQ: LFCR).

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Lifecore Biomedical Inc (NASDAQ: LFCR) stock closed at $7.11 on 1/5/24 after a major increase of 12.5%. Moreover, unusually high trading volume at 193% of normal accompanied the advance. The stock has risen 13.4% during the last week and 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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