Lake Street raised the firm’s price target on Gaia (GAIA) to $7 from $6 and keeps a Buy rating on the shares. After Gaia reported “effectively in line results,” the firm says it continues to like the risk/reward, citing a successful price increase, new product launches, a decent balance sheet, a double-digit revenue growth rate, and positive cash generation.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on GAIA:
- Gaia Inc. Reports Growth and Strategic Advances in Q3 2024
- Gaia reports Q3 EPS (5c), consensus (6c)
- GAIA Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Gaia announces HEAL Conference hosted by Kelly Gores
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
