Raymond James last night initiated coverage of LCI Industries with a Market Perform rating and no price target While end market demand and the company’s financial results have likely bottomed, and should continue to improve in the coming quarters, the recovery “will be rather tepid,” the analyst tells investors in a research note. The firm says the stock is already trading at a premium to its historical average valuation, implying limited upside.
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Read More on LCII:
- LCI Industries initiated with a Market Perform at Raymond James
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- LCI Industries management to meet with Truist
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- LCI Industries reports Q2 EPS $2.40, consensus $2.16
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