Lake Street Maintains Buy Rating for VirTra: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Lake Street has reaffirmed its Buy rating on VirTra (NASDAQ:VTSI) and increased its price target from $9.00 to $13.00. VirTra's stock has risen 1.97% in the last 24 hours to $9.32 per share. The new price target suggests a potential upside of 39.48% from the current price. VirTra specializes in the development and sale of force training simulators for law enforcement, military, and commercial markets globally.
December 29, 2023 | 5:00 pm
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POSITIVE IMPACT
Lake Street maintains a Buy rating on VirTra and raises the price target to $13, indicating a significant potential upside from the current price.
The reaffirmation of a Buy rating and an increased price target by Lake Street is a strong positive signal to the market, often leading to increased investor confidence and potential stock price appreciation in the short term. Given the substantial potential upside of 39.48% indicated by the new price target, this news is likely to be taken seriously by investors.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100