Canaccord Genuity Assumes Lantronix at Buy, Announces Price Target of $7.5
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Michael Walkley has assumed coverage of Lantronix with a Buy rating and set a price target of $7.5.
September 11, 2024 | 12:15 pm
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Canaccord Genuity has assumed coverage of Lantronix with a Buy rating and set a price target of $7.5, indicating a positive outlook.
The Buy rating and price target of $7.5 from Canaccord Genuity suggest a positive sentiment towards Lantronix, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100