Needham Reiterates Buy on Lantronix, Maintains $8.5 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Ryan Koontz has reiterated a Buy rating on Lantronix (NASDAQ:LTRX) and maintained the $8.5 price target.
June 06, 2023 | 10:16 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Needham analyst Ryan Koontz reiterates a Buy rating on Lantronix (LTRX) and maintains the $8.5 price target.
The reiteration of the Buy rating and maintenance of the $8.5 price target by Needham analyst Ryan Koontz indicates a positive outlook for Lantronix (LTRX) in the short term. This news is directly related to LTRX and is important for investors as it reflects the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100