Deutsche Bank initiated coverage on Local Bounti with a new price target
$LOCL
Farming/Seeds/Milling
Consumer Staples
Deutsche Bank initiated coverage of Local Bounti with a rating of Buy and set a new price target of $9.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/20/2022 | $8.50 | Equal-Weight | Morgan Stanley |
| 1/4/2022 | $9.00 | Buy | Deutsche Bank |
| 12/22/2021 | $11.00 | Outperform | Oppenheimer |
| 12/21/2021 | $8.00 | Buy | Roth Capital |
4 - Local Bounti Corporation/DE (0001840780) (Issuer)
4 - Local Bounti Corporation/DE (0001840780) (Issuer)
4 - Local Bounti Corporation/DE (0001840780) (Issuer)
DEFA14A - Local Bounti Corporation/DE (0001840780) (Filer)
DEF 14A - Local Bounti Corporation/DE (0001840780) (Filer)
144 - Local Bounti Corporation/DE (0001840780) (Subject)
3 - Local Bounti Corporation/DE (0001840780) (Issuer)
4 - Local Bounti Corporation/DE (0001840780) (Issuer)
4 - Local Bounti Corporation/DE (0001840780) (Issuer)
Morgan Stanley initiated coverage of Local Bounti with a rating of Equal-Weight and set a new price target of $8.50
Deutsche Bank initiated coverage of Local Bounti with a rating of Buy and set a new price target of $9.00
Oppenheimer initiated coverage of Local Bounti with a rating of Outperform and set a new price target of $11.00
Reports 28% Year-Over-Year Revenue Growth Driven by Expanded Facility Operations and Strengthened Retail Relationships Achieved $7 Million in Annualized Expense Reductions in the First Half of 2025 with Additional $2.5 to $3 Million of Cost Optimization Initiatives to be Actioned in the Second Half of 2025 Closed on $10 Million Convertible Note and Amended Credit Facility with $10 Million Principal Debt Reduction HAMILTON, Mont., Aug. 13, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE:LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced its financial results for the quarter ended June 30, 2025.
HAMILTON, Mont., Aug. 13, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE:LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced the appointment of Dane Almassy as its Chief Commercial Officer (CCO), effective August 25, 2025. "We are pleased to welcome Dane to our leadership team," said Kathleen Valiasek, President, CEO, and CFO of Local Bounti. "His extensive experience across fresh produce and CEA, paired with his operational acumen and strategic mindset gained at both large and rapidly growing consumer packaged goods co
HAMILTON, Mont., Aug. 8, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE:LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release its financial results for the fiscal second quarter ended June 30, 2025 before the market opens on Wednesday, August 13, 2025. Conference Call The Company will host a conference call with members of the Local Bounti executive management team to discuss financial results and other business updates. The conference call is scheduled to begin at 8:00 a.m. ET on Wednesday, August 13, 202
Reports 28% Year-Over-Year Revenue Growth Driven by Expanded Facility Operations and Strengthened Retail Relationships Achieved $7 Million in Annualized Expense Reductions in the First Half of 2025 with Additional $2.5 to $3 Million of Cost Optimization Initiatives to be Actioned in the Second Half of 2025 Closed on $10 Million Convertible Note and Amended Credit Facility with $10 Million Principal Debt Reduction HAMILTON, Mont., Aug. 13, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE:LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced its financial results for the quarter ended June 30, 2025.
HAMILTON, Mont., Aug. 8, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE:LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release its financial results for the fiscal second quarter ended June 30, 2025 before the market opens on Wednesday, August 13, 2025. Conference Call The Company will host a conference call with members of the Local Bounti executive management team to discuss financial results and other business updates. The conference call is scheduled to begin at 8:00 a.m. ET on Wednesday, August 13, 202
Closed on $10 Million Convertible Note and Amended Credit Facility with $10 Million Principal Debt Reduction HAMILTON, Mont., Aug. 4, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE:LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it secured $10 million through the issuance of a convertible note with an existing investor. In conjunction with this agreement, the Company also amended its existing credit facility to reduce the principal balance by $10 million. "We are pleased to have the continued support of our fin
HAMILTON, Mont., Aug. 13, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE:LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced the appointment of Dane Almassy as its Chief Commercial Officer (CCO), effective August 25, 2025. "We are pleased to welcome Dane to our leadership team," said Kathleen Valiasek, President, CEO, and CFO of Local Bounti. "His extensive experience across fresh produce and CEA, paired with his operational acumen and strategic mindset gained at both large and rapidly growing consumer packaged goods co
Board of Directors Re-Appoints Co-Founder Craig Hurlbert as Chief Executive Officer Georgia Facility Doubled Run-rate Production in December Provides Update to Full Year 2023 Sales Expectation HAMILTON, Mont., Dec. 15, 2023 /PRNewswire/ -- Local Bounti Corporation (NYSE:LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced a leadership transition and a business update. Craig Hurlbert, the Company's Co-Founder and Chairman of the Board, is reprising the role of Chief Executive Officer, effective immediately. Mr. Hurlbert prev
HAMILTON, Mont., March 21, 2023 /PRNewswire/ -- Local Bounti Corporation (NYSE:LOCL, LOCL WS))) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced that Jennifer Carr-Smith has been appointed to the Company's Board of Directors ("Board") and will serve on the Compensation Committee of the Board, in each case effective May 15, 2023. In connection with this appointment, the Board will be increased from 6 to 7 directors. Ms. Carr-Smith has served as President
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