Lincoln International Inc. (NYSE:LCLN) Short Interest Up 77.9% in June

Lincoln International Inc. (NYSE:LCLN) was the target of a significant 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 trading volume of 373,396 shares, the days-to-cover ratio is currently 2.1 days.

Wall Street Analyst Weigh In

Several research analysts have issued reports on LCLN shares. The Goldman Sachs Group initiated coverage on Lincoln International in a report on Monday, June 15th. They issued a “buy” rating and a $27.50 price target on the stock. Evercore assumed coverage on shares of Lincoln International in a report on Monday, June 15th. They set an “in-line” rating and a $25.00 price objective on the stock. BMO Capital Markets started coverage on shares of Lincoln International in a research note on Monday, June 15th. They issued a “market perform” rating and a $26.00 price objective on the stock. Citigroup began coverage on shares of Lincoln International in a report on Monday, June 15th. They set an “outperform” rating for the company. Finally, Keefe, Bruyette & Woods lowered their target price on shares of Lincoln International from $26.00 to $24.00 and set a “market perform” rating on the stock in a report 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $26.93.

Lincoln International Price Performance

LCLN traded down $0.77 during mid-day trading on Friday, reaching $21.95. 151,372 shares of the stock were exchanged, compared to its average volume of 473,733. Lincoln International has a 1 year low of $21.17 and a 1 year high of $25.30. The business has a 50 day moving average of $23.42.

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.