Lincoln International Inc. (NYSE:LCLN) Short Interest Update

Lincoln International Inc. (NYSE:LCLN) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 388,594 shares, a drop of 49.7% from the June 30th total of 773,090 shares. Based on an average trading volume of 528,963 shares, the short-interest ratio is presently 0.7 days.

Lincoln International Trading Down 6.8%

Shares of LCLN stock traded down $1.49 on Thursday, hitting $20.50. The stock had a trading volume of 1,005,495 shares, compared to its average volume of 435,231. The business has a 50 day simple moving average of $23.22. Lincoln International has a 52-week low of $20.10 and a 52-week high of $25.30.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Wall Street Zen raised shares of Lincoln International to a “hold” rating in a research report on Saturday, May 30th. Wolfe Research started coverage on Lincoln International in a research report on Monday, June 15th. They issued an “outperform” rating and a $29.00 price objective on the stock. Zacks Research raised Lincoln International to a “hold” rating in a research report on Friday, July 10th. Morgan Stanley assumed coverage on Lincoln International in a research note on Monday, June 15th. They issued an “equal weight” rating and a $27.00 target price for the company. Finally, BMO Capital Markets initiated coverage on Lincoln International in a report on Monday, June 15th. They set a “market perform” rating and a $26.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $26.93.

About Lincoln International

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.