Live Oak Acquisition (NASDAQ:LOKV) Upgraded at Zacks Research

Live Oak Acquisition (NASDAQ:LOKV) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a research note issued to investors on Wednesday,Zacks.com reports.

LOKV has been the subject of several other research reports. Weiss Ratings started coverage on shares of Live Oak Acquisition in a report on Friday, May 8th. They issued a “sell (d-)” rating for the company. Compass Point started coverage on shares of Live Oak Acquisition in a report on Monday, May 11th. They issued a “buy” rating and a $13.50 target price for the company. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Live Oak Acquisition has a consensus rating of “Hold” and an average price target of $13.50.

Live Oak Acquisition Trading Up 0.4%

LOKV stock opened at $10.56 on Wednesday. Live Oak Acquisition has a one year low of $9.88 and a one year high of $11.67.

Live Oak Acquisition (NASDAQ:LOKV) last released its quarterly earnings results on Monday, March 30th. The company reported ($0.57) EPS for the quarter. The firm had revenue of ($12.99) million for the quarter. As a group, equities analysts expect that Live Oak Acquisition will post -19.51 earnings per share for the current fiscal year.

Institutional Trading of Live Oak Acquisition

A hedge fund recently raised its stake in Live Oak Acquisition stock. Berkley W R Corp boosted its stake in Live Oak Acquisition (NASDAQ:LOKV) by 71.7% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 647,661 shares of the company’s stock after purchasing an additional 270,469 shares during the period. Berkley W R Corp owned about 2.59% of Live Oak Acquisition worth $6,736,000 at the end of the most recent quarter.

About Live Oak Acquisition

We are a blank check company incorporated on November 27, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.