Lumber Liquidators does not believe it violated law, says Jefferies After speaking with management, Jefferies says Lumber Liquidators does not believe it violated any Lacey Act infractions. The firm reiterates a Buy rating on the stock with a $119 price target.
News For LL From The Last 14 Days
Check below for free stories on LL the last two weeks.
Lumber Liquidators volatility flat after sharp share price pullback Lumber Liquidators December call option implied volatility is at 42, January is at 40, February is at 45; compared to its 26-week average of 41 according to Track Data, suggesting non-directional price movement.
Lumber Liquidators shares recommended at Credit Suisse Credit Suisse defended Lumber Liquidators following Friday's weakness due to cautious comments by hedge fund manager Whitney Tilson. The analyst said Tilson focused on previously known issues related to the recent FBI raid and the purchase of lumber from endangered habitats, which appear to be a very small amount of product sold. The firm reiterates its Outperform rating and $132 price target.