Roth Capital Reiterates Buy on Lantronix, Maintains $12 Price Target
Portfolio Pulse from richadhand@benzinga.com
Roth Capital analyst Scott Searle has reiterated a 'Buy' rating on Lantronix (NASDAQ:LTRX) and maintained a price target of $12.
September 08, 2023 | 5:05 pm
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Roth Capital has reiterated a 'Buy' rating on Lantronix, maintaining a price target of $12.
The reiteration of a 'Buy' rating by Roth Capital indicates a positive outlook for Lantronix. The maintained price target of $12 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100