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

Lincoln International Inc. (NYSE:LCLN) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 773,090 shares, an increase of 77.9% from the June 15th total of 434,604 shares. Based on an average daily volume of 373,396 shares, the days-to-cover ratio is currently 2.1 days.

Lincoln International Stock Down 1.0%

Shares of LCLN opened at $22.70 on Friday. The business has a 50 day moving average price of $23.45. Lincoln International has a 52 week low of $21.17 and a 52 week high of $25.30.

Analyst Ratings Changes

A number of equities analysts have issued reports on LCLN shares. Wall Street Zen raised Lincoln International to a “hold” rating in a research report on Saturday, May 30th. Citigroup began coverage on shares of Lincoln International in a research report on Monday, June 15th. They set an “outperform” rating for the company. Evercore began coverage on shares of Lincoln International in a research note on Monday, June 15th. They issued an “in-line” rating and a $25.00 price target for the company. Morgan Stanley began coverage on shares of Lincoln International in a research note on Monday, June 15th. They set an “equal weight” rating and a $27.00 price objective on the stock. Finally, BMO Capital Markets assumed coverage on shares of Lincoln International in a report on Monday, June 15th. They set a “market perform” rating and a $26.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $26.93.

Lincoln International Company Profile

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.