Alert: Major Price Decline (8/5/24)-Lifetime Brands Inc (NASDAQ: LCUT).

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Lifetime Brands Inc (NASDAQ: LCUT) stock closed at $7.16 on 8/5/24 after a major decline of -10.6%. This decline was accompanied by normal trading volume. The stock has declined -20.6% 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 exceed the cost of capital, LCUT is expected to be a Value Builder.

Lifetime Brands has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Lifetime Brands has a slightly positive Appreciation Score of 66 and a very high Power Rating of 95, resulting in the Highest Value Trend Rating.

Rating Review

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

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