Lake Street cuts price targets on CVRx and Cardlytics but keeps Hold ratings
Lake Street kept Hold ratings on CVRx and Cardlytics while lowering price targets to $1.50 and $2, according to TradingView data based on Benzinga.
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what happened
Lake Street kept its Hold rating on CVRx and reduced its price target from $3.50 to $1.50, a 57.1% cut. Measured against the November 6 close of $0.87, the new target implies an upside of 72.7%.
For Cardlytics, the broker also maintained a Hold rating but lowered its target from $4 to $2, a 50% decrease. With the stock at $1.95 on November 6, the revised target points to only 2.6% upside.
The figures were reported by TradingView, which draws its ratings data from Benzinga.
why it matters
Target cuts on small-cap names like these often reflect a reassessment of revenue or earnings expectations. For investors, such moves are a signal of analyst sentiment rather than a direct driver of share prices.
tags
instruments
sources
- Lake Street maintains CVRx at Hold, lowers price target to $1.50 from $3.50 — TradingView, 7 November 2026 at 01:21 UTC
- Lake Street maintains Cardlytics at Hold, lowers price target to $2 from $4 — TradingView, 7 November 2026 at 01:20 UTC
- CVRx Price Target Cut to $1.50/Share From $3.50 by Lake Street — Dow Jones Newswires, 7 November 2026 at 01:33 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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