| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 11/14/2022 | 29.22% | DA Davidson | → $13 | Initiates Coverage On | → Buy |
What is the target price for Legato Merger Corp (LGTO)?
The latest price target for Legato Merger Corp (NASDAQ: LGTO) was reported by DA Davidson on November 14, 2022. The analyst firm set a price target for $13.00 expecting LGTO to rise to within 12 months (a possible 29.22% upside). 1 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Legato Merger Corp (LGTO)?
The latest analyst rating for Legato Merger Corp (NASDAQ: LGTO) was provided by DA Davidson, and Legato Merger Corp initiated their buy rating.
When is the next analyst rating going to be posted or updated for Legato Merger Corp (LGTO)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Legato Merger Corp, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Legato Merger Corp was filed on November 14, 2022 so you should expect the next rating to be made available sometime around November 14, 2023.
Is the Analyst Rating Legato Merger Corp (LGTO) correct?
While ratings are subjective and will change, the latest Legato Merger Corp (LGTO) rating was a initiated with a price target of $0.00 to $13.00. The current price Legato Merger Corp (LGTO) is trading at is $10.06, which is within the analyst's predicted range.