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Local Bounti (LOCL) Is Attractively Priced Despite Fast-paced Momentum
Local Bounti Sees Significant Stock Purchase by Charles Schwab
Insider Purchase: Director at $LOCL Buys 70,863 Shares
The price has dropped 50% compared to March, and the shortage crisis of eggs in the USA seems to be coming to an end.
① The shortage of eggs in the USA has improved due to the easing of the Bird Flu epidemic and increased imports from the USA, with the wholesale price of bulk eggs dropping to $3 per dozen last week, down 9% from the previous week; ② Although Bird Flu resulted in the death of 30 million laying hens, the recent outbreak has been controlled, with only 2.1 million poultry infected in March.
Oppenheimer Maintains Local Bounti(LOCL.US) With Buy Rating, Cuts Target Price to $5
Lake Street Maintains Local Bounti(LOCL.US) With Buy Rating, Maintains Target Price $10
