Lake Street raised the firm’s price target on BK Technologies (BKTI) to $51 from $40 and keeps a Buy rating on the shares. After having hosted BK Technologies’ CEO John Suzuki and CFO Scott Malmanger for a fireside chat and investor meetings, the firm came away “feeling confident” BK Technologies remains on a path to see accelerating growth and drive meaningful earnings leverage, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BKTI:
- BK Technologies management to meet virtually with Lake Street
- BK Technologies launches RelayOne, receives purchase order
- BK Technologies Reports Strong 2024 Financial Results
- BK Technologies Reports Strong Growth Amid Challenges
- Morning Movers: Nvidia slips following report of H20 chip shortage in China