Lifetime Brands Gets Downgrade from D.A. Davidson as Business in Tariffs' Crosshairs -- Market Talk

Dow Jones

Feb 04, 2025

11:35 ET - Lifetime Brands has material exposure to outsourced production in China but has been taking steps to diversify away from the country, says D.A. Davidson's Linda Bolton Weiser in a research note. The kitchenware and tableware products maker began moving production out of China about 18 months ago and plans to have less than 75% of its products made outside of China by 3Q, says the analyst. Lifetime, which has been ramping up capacity at its manufacturing facility in Mexico, has moved and is in the process of moving production to a variety of countries including Malaysia, Cambodia and India. The analyst lowers their rating to neutral from buy and their price target to $6.75 from $11.50 in part due to the announced tariffs. Shares dive 7% to $6.03. (denny.jacob@wsj.com; @pennedbyden)

(END) Dow Jones Newswires

February 03, 2025 11:36 ET (16:36 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2508128246"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2508128246\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2508128246?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-04 00:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2508128246","market":"nz","top_or_hot":-1,"title":"Lifetime Brands Gets Downgrade from D.A. Davidson as Business in Tariffs' Crosshairs -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  11:35 ET - Lifetime Brands has material exposure to outsourced production in China but has been taking steps to diversify away from the country, says D.A. Davidson's Linda Bolton Weiser in a research note. The kitchenware and tableware products maker began moving production out of China about 18 months ago and plans to have less than 75% of its products made outside of China by 3Q, says the analyst. Lifetime, which has been ramping up capacity at its manufacturing facility in Mexico, has moved and is in the process of moving production to a variety of countries including Malaysia, Cambodia and India. The analyst lowers their rating to neutral from buy and their price target to $6.75 from $11.50 in part due to the announced tariffs. Shares dive 7% to $6.03. (denny.jacob@wsj.com; @pennedbyden) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 03, 2025 11:36 ET (16:36 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lifetime Brands Gets Downgrade from D.A. Davidson as Business in Tariffs' Crosshairs -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLifetime Brands Gets Downgrade from D.A. Davidson as Business in Tariffs' Crosshairs -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-04 00:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  11:35 ET - Lifetime Brands has material exposure to outsourced production in China but has been taking steps to diversify away from the country, says D.A. Davidson's Linda Bolton Weiser in a research note. The kitchenware and tableware products maker began moving production out of China about 18 months ago and plans to have less than 75% of its products made outside of China by 3Q, says the analyst. Lifetime, which has been ramping up capacity at its manufacturing facility in Mexico, has moved and is in the process of moving production to a variety of countries including Malaysia, Cambodia and India. The analyst lowers their rating to neutral from buy and their price target to $6.75 from $11.50 in part due to the announced tariffs. Shares dive 7% to $6.03. (denny.jacob@wsj.com; @pennedbyden) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 03, 2025 11:36 ET (16:36 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LCUT","symbol_name":"生活时光品牌家具","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2508128246","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2508128246","pubTimestamp":1738600560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"11:35 ET - Lifetime Brands has material exposure to outsourced production in China but has been taking steps to diversify away from the country, says D.A. Davidson's Linda Bolton Weiser in a research note. The kitchenware and tableware products maker began moving production out of China about 18 months ago and plans to have less than 75% of its products made outside of China by 3Q, says the analyst. Lifetime, which has been ramping up capacity at its manufacturing facility in Mexico, has moved and is in the process of moving production to a variety of countries including Malaysia, Cambodia and India. The analyst lowers their rating to neutral from buy and their price target to $6.75 from $11.50 in part due to the announced tariffs. Shares dive 7% to $6.03. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"LCUT":"生活时光品牌家具"},"translate_title":"终身品牌被地方检察官降级。戴维森作为关税瞄准的企业——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LCUT":1},"content_text":"11:35 ET - Lifetime Brands has material exposure to outsourced production in China but has been taking steps to diversify away from the country, says D.A. Davidson's Linda Bolton Weiser in a research note. The kitchenware and tableware products maker began moving production out of China about 18 months ago and plans to have less than 75% of its products made outside of China by 3Q, says the analyst. Lifetime, which has been ramping up capacity at its manufacturing facility in Mexico, has moved and is in the process of moving production to a variety of countries including Malaysia, Cambodia and India. The analyst lowers their rating to neutral from buy and their price target to $6.75 from $11.50 in part due to the announced tariffs. Shares dive 7% to $6.03. (denny.jacob@wsj.com; @pennedbyden) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 03, 2025 11:36 ET (16:36 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}