Lake Street Maintains Buy on VirTra, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Jaeson Schmidt has reaffirmed a Buy rating on VirTra (NASDAQ:VTSI) and increased the price target from $9 to $13, indicating a positive outlook on the company's stock.
December 29, 2023 | 2:21 pm
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Lake Street analyst Jaeson Schmidt maintains a Buy rating on VirTra and raises the price target from $9 to $13, suggesting a bullish stance on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential short-term rise in the stock price as the market reacts to the new price target.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100