Lake Street Initiates Coverage On LightPath Technologies with Buy Rating, Announces Price Target of $3
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Jaeson Schmidt has initiated coverage on LightPath Technologies (NASDAQ:LPTH) with a Buy rating and set a price target of $3.
January 18, 2024 | 3:54 pm
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Lake Street analyst Jaeson Schmidt has initiated coverage on LightPath Technologies with a Buy rating and a price target of $3.
Initiation of coverage by an analyst with a Buy rating typically indicates a positive outlook on the stock, which can lead to increased investor interest and potentially a rise in the stock price in the short term. The price target of $3 suggests a significant upside from current levels, assuming the stock is currently trading below that price.
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