Alert: Major Price Advance (4/3/24)-Lifecore Biomedical Inc (NASDAQ: LFCR).

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On 4/3/24, Lifecore Biomedical Inc (NASDAQ: LFCR) stock enjoyed a major increase of 11.4%, closing at $6.15. Moreover, this advance was accompanied by exceptionally high trading volume at 220% of normal. The stock has risen 13.9% 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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