Needham Reiterates Buy on Lantronix, Maintains $7 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan Koontz has reiterated a Buy rating on Lantronix (NASDAQ:LTRX) and maintained a price target of $7.
September 06, 2024 | 11:48 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Needham analyst Ryan Koontz has reiterated a Buy rating on Lantronix and maintained a $7 price target, indicating confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a $7 price target by a reputable analyst suggests a positive outlook for Lantronix. This could lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100