Price Target Raised; Earnings Release
Lifetime Brands, Inc. (NASDAQ: LCUT) was featured in a company-sponsored research note published by Sidoti & Company, LLC. The headline of the note reads, “Raise Price Target To $27 (From $25) As We Shift Our Valuation Basis To Initial 2023 Forecast; Increase 2021, 2022 EPS Estimates After 3Q:21 EPS Easily Outpace Our Projections.”
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About Lifetime Brands, Inc.
Lifetime Brands is a leading global designer, developer, and marketer of a broad range of branded consumer products used in the home. The Company markets its products under well-known kitchenware brands, including Farberware(R), KitchenAid(R), Sabatier(R), Amco Houseworks(R), Chef’n(R) Chicago(TM) Metallic, Copco(R), Fred(R) & Friends, Houdini(TM), KitchenCraft(R), Kamenstein(R), La Cafetière(R), MasterClass(R), Misto(R), Swing-A-Way(R), Taylor(R) Kitchen, and Rabbit(R); respected tableware and giftware brands, including Mikasa(R), Pfaltzgraff(R), Fitz and Floyd(R), Empire Silver(TM), Gorham(R), International(R) Silver, Towle(R) Silversmiths, Wallace(R), Wilton Armetale(R), V&A(R), Royal Botanic Gardens Kew(R) and Year & Day(R); and valued home solutions brands, including BUILT NY(R), Taylor(R) Bath, Taylor(R) Kitchen, Taylor(R) Weather and Planet Box(R). The Company also provides exclusive private label products to leading retailers worldwide. Please visit www.lifetimebrands.com.
About Sidoti & Company, LLC
For over two decades, Sidoti has been a premier provider of independent securities research focused specifically on small and microcap companies and the institutions that invest in their securities, with most of its coverage in the $100 million-$5 billion market cap range. The firm’s approach affords companies and institutional clients a combination of high-quality research, a small- and microcap-focused nationwide sales effort, broad access to corporate management teams, and extensive trading support. Sidoti serves 500+ institutional clients in North America, including many leading managers of portfolios with $200 million to $2 billion of AUM. Sidoti promotes meaningful interaction between issuers and investors through its conferences (www.sidoti.com/events) and the hundreds of non-deal roadshows hosted each year.
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