Limoneira assumed with a Buy at Lake Street

Lake Street assumed coverage of Limoneira (LMNR) with a Buy rating and a price target of $19, down from $23. The company recently reported Q4 results that were pressured by the final stages of the Sunkist transition, restructuring actions, and avocado replanting activity, though weaker near-term profitability has a limited impact to the firm’s longer-term thesis, the analyst tells investors. Management guided to FY26 as an inflection year, notes the analyst, who views Limoneira as “increasingly positioned as a diversified asset-backed business with multiple value creation drivers over the next several years.”

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Closing Bell Movers: UiPath up nearly 4% after S&P 400 admission Limoneira reports Q4 EPS (49c), two estimates (11c) Limoneira sees FY26 lemon volumes at 4.0-4.5M cartons The Week That Was, The Week Ahead: Macro & Markets, Dec. 20 Is LMNR a Buy, Before Earnings?

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