A Closer Look at 4 Analyst Recommendations For Lantronix
Portfolio Pulse from Benzinga Insights
In the last three months, 4 analysts have published ratings on Lantronix (LTRX), all bullish, with a decrease in the average 12-month price target from $9.67 to $7.88. The company has shown positive revenue growth and strong financial performance, with a notable increase in top-line earnings and surpassing industry standards in net margin, ROE, and ROA.
March 12, 2024 | 4:00 pm
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Analysts have unanimously given bullish ratings to LTRX, but the average 12-month price target has been lowered to $7.88. The company's financial health appears strong, with significant revenue growth and superior performance metrics.
The unanimous bullish sentiment from analysts, despite a lowered price target, suggests confidence in LTRX's fundamentals and growth prospects. The company's strong financial health, as indicated by its revenue growth and performance metrics, supports a positive short-term impact on its stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100