4 Analysts Have This to Say About Lantronix
Portfolio Pulse from Benzinga Insights
Four analysts have provided bullish ratings for Lantronix (NASDAQ:LTRX) with an average price target of $8.5, compared to its current price of $4.3. This represents a 15% decrease from the previous average price target of $10.
June 06, 2023 | 4:01 pm
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Lantronix (LTRX) has received bullish ratings from 4 analysts with an average price target of $8.5, a 15% decrease from the previous target of $10.
The article states that 4 analysts have provided bullish ratings for Lantronix (LTRX) with an average price target of $8.5, which is higher than its current price of $4.3. This implies a potential upside for the stock in the short term. The decrease in the average price target from $10 to $8.5 may indicate a slightly lower growth expectation, but the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100