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

Lincoln International Inc. (NYSE:LCLNGet Free Report) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 388,594 shares, a decline of 49.7% from the June 30th total of 773,090 shares. Based on an average trading volume of 528,963 shares, the days-to-cover ratio is presently 0.7 days.

Lincoln International Trading Down 1.2%

Lincoln International stock traded down $0.28 during midday trading on Tuesday, reaching $22.45. The stock had a trading volume of 10,466 shares, compared to its average volume of 424,283. The firm has a 50-day moving average price of $23.32. Lincoln International has a twelve month low of $21.17 and a twelve month high of $25.30.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Wall Street Zen upgraded shares of Lincoln International to a “hold” rating in a report on Saturday, May 30th. Keefe, Bruyette & Woods lowered 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. Citizens Jmp assumed coverage on Lincoln International in a report on Monday, June 15th. They set a “market outperform” rating and a $30.00 price objective on the stock. Wolfe Research started coverage on Lincoln International in a research note on Monday, June 15th. They issued an “outperform” rating and a $29.00 target price for the company. Finally, BMO Capital Markets began coverage on Lincoln International in a research report on Monday, June 15th. They set a “market perform” rating and a $26.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $26.93.

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Lincoln International Company Profile

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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.

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