Alert: Major Price Advance (7/16/24)-Lifecore Biomedical Inc (NASDAQ: LFCR).

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Lifecore Biomedical Inc (NASDAQ: LFCR) stock closed at $5.58 on 7/16/24 after a major increase of 11.4%. Moreover, above average trading volume at 137% of normal accompanied the advance. The stock has risen 11.6% during the last week but has been extremely weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

LFCR’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.

Lifecore Biomedical is currently unrated.

Rating Review

The stock is currently unrated.

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