Morgan Stanley initiated coverage on Local Bounti with a new price target
$LOCL
Farming/Seeds/Milling
Consumer Staples
Morgan Stanley initiated coverage of Local Bounti with a rating of Equal-Weight and set a new price target of $8.50
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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)
Delivered 27% Annual Revenue Growth and Improved Net Loss and Adjusted EBITDA While Advancing Strategic Retail Partnership DiscussionsDuring the First Quarter 2026, Secured New Retail Accounts to Expand Distribution and Improve Channel MixExisting Strategic Investor Closed on Additional $15 Million in Growth CapitalIssued U.S. Patent for Computer Vision and AI-Driven Growing OptimizationHAMILTON, Mont., March 25, 2026 /PRNewswire/ -- Local Bounti Corporation (NYSE:LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company currently servicing approximately 13,000 retail doors, today announced its financial results for the three and twelve months ended December 31,
HAMILTON, Mont., March 23, 2026 /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 full year ended December 31, 2025, before the market opens on Wednesday, March 25, 2026. Conference CallThe 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, March 25, 2026.
HAMILTON, Mont., March 17, 2026 /PRNewswire/ -- Local Bounti Corporation (NYSE:LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it secured $15 million through the issuance of a convertible note with an existing strategic investor (the "Agreement"). "We are pleased to continue to have the strong support of our financing partners as we execute on our growth strategy," said Kathleen Valiasek, President and Chief Executive Officer of Local Bounti. "This additional capital from an existing strategic investor provides us wit
4 - 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
S-8 - Local Bounti Corporation/DE (0001840780) (Filer)
10-K - Local Bounti Corporation/DE (0001840780) (Filer)
8-K - Local Bounti Corporation/DE (0001840780) (Filer)
Delivered 27% Annual Revenue Growth and Improved Net Loss and Adjusted EBITDA While Advancing Strategic Retail Partnership DiscussionsDuring the First Quarter 2026, Secured New Retail Accounts to Expand Distribution and Improve Channel MixExisting Strategic Investor Closed on Additional $15 Million in Growth CapitalIssued U.S. Patent for Computer Vision and AI-Driven Growing OptimizationHAMILTON, Mont., March 25, 2026 /PRNewswire/ -- Local Bounti Corporation (NYSE:LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company currently servicing approximately 13,000 retail doors, today announced its financial results for the three and twelve months ended December 31,
HAMILTON, Mont., March 23, 2026 /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 full year ended December 31, 2025, before the market opens on Wednesday, March 25, 2026. Conference CallThe 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, March 25, 2026.
HAMILTON, Mont., March 17, 2026 /PRNewswire/ -- Local Bounti Corporation (NYSE:LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it secured $15 million through the issuance of a convertible note with an existing strategic investor (the "Agreement"). "We are pleased to continue to have the strong support of our financing partners as we execute on our growth strategy," said Kathleen Valiasek, President and Chief Executive Officer of Local Bounti. "This additional capital from an existing strategic investor provides us wit
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
SC 13G/A - Local Bounti Corporation/DE (0001840780) (Subject)
SC 13G/A - Local Bounti Corporation/DE (0001840780) (Subject)
SC 13D/A - Local Bounti Corporation/DE (0001840780) (Subject)