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Lexmark International Stock Rating Lowered by Barclays Capital
Lexmark International (NYSE: LXK) was downgraded by analysts at Barclays Capital from an “equal weight” rating to an “underweight” rating in a research report issued to clients and investors on Thursday.Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Lexmark International in a research note to investors on Thursday, April 26th. They now have a $31.00 price target on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Lexmark International in a research note to investors on Tuesday, April 24th. They now have a $28.00 price target on the stock.
Lexmark International last announced its earnings results on Tuesday, April 24th. Lexmark International’s revenue was down 4.0% compared to the same quarter last year.Lexmark International, Inc., (Lexmark) is engaged in developing, manufacturing and supplying printing and imaging solutions for offices and homes.
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