Canaccord lowered the firm’s price target on Lavoro (LVRO) to $5.50 from $6.25 and keeps a Buy rating on the shares. The firm noted management revised its 2025 guidance lower as Brazilian farmers and retailers continue to be constrained by existing credit agreements extended to them despite improved planting conditions.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LVRO:
- Lavoro Limited Reports Q1 2025 Earnings Performance
- Lavoro Limited Earnings Call: Mixed Results Amid Challenges
- Lavoro Limited’s Financial Report Highlights Strong Q3 2024 Performance
- Lavoro Limited Navigates Fiscal Challenges Amidst Market Dynamics
- Lavoro reports Q1 revenue R$2.05B vs. R$2.37B last year