Lake Street raised the firm’s price target on CPI Card Group (PMTS) to $37 from $33 and keeps a Buy rating on the shares as the analyst took over coverage of the stock. CPI has “made great strides to re-institutionalize the stock over the last few years” by consolidating operations, selling non-core businesses, and repositioning itself for profitable growth, the analyst tells investors.
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Read More on PMTS:
- CPI Card Group initiated with a Buy at DA Davidson
- CPI Card Group Inc. Reports Q3 2024 Growth
- CPI Card Group sees FY24 adjusted EBITDA up low-single digits
- CPI Card Group reports Q3 EPS 11c, consensus 51c
- CPI Card Group Reports Strong Q3 Sales Growth
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
