Lake Street raised the firm’s price target on LightPath (LPTH) to $4 from $3 and keeps a Buy rating on the shares. The firm calls LightPath one of its “favorite ideas for 2025,” and believes momentum can continue next year as the company’s pipeline builds, growth accelerates, there is a better line of sight to a decision on the Lockheed missile program, and there is continued focus on finding alternatives to germanium.
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Read More on LPTH:
- LightPath begins delivery of infrared lens assemblies
- LightPath participates in a conference call with Lake Street
- LightPath management to meet virtually with Lake Street
- LightPath Technologies Reports Growth and Strategic Advances
- LightPath reports Q1 EPS (4c), consensus (5c)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
