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flag Hovde Group rates Lakeland Financial a "market perform" with a target price of $66, an 8.55% potential upside.

flag Hovde Group has given Lakeland Financial (NASDAQ:LKFN) a "market perform" rating with a price target of $66.00, indicating an 8.55% potential upside. flag The company recently surpassed analyst expectations with a reported $0.94 EPS for the quarter. flag With a market cap of $1.58 billion and a P/E ratio of 16.75, Lakeland Financial's stock opened at $60.80 on Friday. flag Notably, EVP Stephanie R. Leniski sold 1,500 shares, while Director M Scott Welch bought 5,000 shares in recent transactions.

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