Lincoln International Inc. (NYSE:LCLN) Sees Large Drop in Short Interest

Lincoln International Inc. (NYSE:LCLN) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 388,594 shares, a decrease of 49.7% from the June 30th total of 773,090 shares. Based on an average trading volume of 528,963 shares, the short-interest ratio is currently 0.7 days.

Lincoln International Price Performance

Shares of Lincoln International stock traded down $0.80 during trading on Wednesday, hitting $21.95. 207,037 shares of the stock were exchanged, compared to its average volume of 423,099. The stock has a fifty day moving average of $23.28. Lincoln International has a 1-year low of $21.17 and a 1-year high of $25.30.

Analyst Upgrades and Downgrades

Several research analysts recently commented on LCLN shares. Morgan Stanley began coverage on Lincoln International in a research report on Monday, June 15th. They set an “equal weight” rating and a $27.00 price target for the company. The Goldman Sachs Group initiated coverage on Lincoln International in a research report on Monday, June 15th. They set a “buy” rating and a $27.50 price target on the stock. Citigroup assumed coverage on Lincoln International in a research note on Monday, June 15th. They set an “outperform” rating on the stock. BMO Capital Markets began coverage on Lincoln International in a report on Monday, June 15th. They issued a “market perform” rating and a $26.00 price objective for the company. Finally, Keefe, Bruyette & Woods decreased their target price on shares of Lincoln International from $26.00 to $24.00 and set a “market perform” rating for the company in a research note on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Lincoln International presently has an average rating of “Moderate Buy” and an average price target of $26.93.

About Lincoln International

We are a global independent investment banking advisory firm focused on the private capital markets. As a leader in advising private equity and private credit investors, private company business owners and other senior executives, our globally integrated platform allows us to deliver comprehensive, sector-focused advisory services to clients across key areas of the economy. Our experienced professionals provide meaningful and differentiated private capital markets expertise across our two segments, Investment Banking Advisory and Valuations and Opinions: Investment Banking Advisory Valuations and Opinions Mergers & Acquisitions Capital Advisory Private Funds Advisory Other Services •Sell-Sides •Debt Advisory •Continuation Vehicles •Strategic Consulting •Portfolio Valuations •Buy-Sides •Special Situations & •Single Asset and •Executive Peer Networks •Transaction Opinions & •Add-ons Restructuring Co-Investment Vehicles •Agency Member Network Board Advisory •Growth Capital & •Primary Funds •Disputes Advisory Minority Equity Since our founding in 1996, we have experienced significant growth achieved through investments in our talent, our platform, the complementary capabilities we offer—including our growing, recurring, and non-cyclical valuations business—and the strategic positioning of the firm.