Lakefront Biotherapeutics Discloses Bank of America Stake Cut Below 10% Threshold
Lakefront Biotherapeutics (LKFT) disclosed that Bank of America's stake fell below 10% of its voting rights on October 2, 2026. The bank now holds 8.54% of LKFT's outstanding shares. Analysts rate LKFT as a Hold with a $26.00 price target, while TipRanks' AI Analyst rates it as Neutral, citing strong financials but negative cash flow.

