Lumber Liquidators Announces Management Changes
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May 22, 2015 7:20 AM EDT
Piper Jaffray analyst Peter Keith reiterated a Neutral rating and slashed his price target on Lumber Liquidators (NYSE: LL) to $18.00 (from $30.00) after the abrupt CEO departure which put things from bad to worse.
Keith commented, "We are maintaining our Neutral rating and lowering our price target to $18 following the... More
May 21, 2015 2:37 PM EDT
KeyBanc maintained a Sector Weight rating on Lumber Liquidators (NYSE: LL). The stock declined Thursday on news the company's CEO Rob Lynch resigned unexpectedly. In the view of analyst Bradley B. Thomas, investors should avoid the stock.
"This news follows the April 29th... More
May 21, 2015 12:51 PM EDT
Whitney Tilson, who has been a vocal about his short on Lumber Liquidators (NYSE: LL), said in blog post that he was shocked by the resignation of the company's CEO earlier today. He also said it was evidence that what he's been saying all along is true (link).
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May 21, 2015 10:58 AM EDT
Janney Capital analyst David Strasser weighed in on Lumber Liquidators (NYSE: LL) after CEO Rob Lynch unexpectedly resigned as CEO.
"We have no clear indication as to why this happened," Strasser commented. "We can surmise, but have no further information. We... More
May 21, 2015 9:55 AM EDT
Raymond James downgraded Lumber Liquidators (NYSE: LL) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on Lumber Liquidators click here. For more ratings news on Lumber Liquidators click here.
Shares of Lumber Liquidators closed at $25.27 yesterday.
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