Lakeland Industries, the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst Matthew Galinko from Maxim Group maintained a Buy rating on the stock and has a $14.00 price target.
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Matthew Galinko has given his Buy rating due to a combination of factors impacting Lakeland Industries. Despite the company’s recent challenges, including macroeconomic pressures, tariff disruptions, and delays in purchase cycles due to a new equipment standard, Galinko believes these issues are largely temporary. The company is actively addressing these challenges by optimizing inventory, reducing costs, and consolidating roles, which are expected to improve cash flow and operational efficiency.
Moreover, Galinko notes that while the company’s financial performance in F3Q26 was below expectations, the underlying issues are common across the industry and should stabilize over time. The company’s strategic acquisitions and ongoing ERP implementation are expected to enhance its market position once fully integrated. Although the price target has been lowered to $14, the long-term potential and the $38 million pipeline of high-probability orders support the Buy rating.
In another report released yesterday, Roth MKM also maintained a Buy rating on the stock with a $19.00 price target.