As previously reported, Craig-Hallum initiated coverage of Daktronics (DAKT) with a Buy rating and $26 price target The firm notes Daktronics is a leader in the $3B-plus LED video display market that is growing double-digits from secular and cyclical tailwinds, with operational changes having bettered margins and further expansion targeted, and the potential for further growth and efficiency improvements from top shareholders seeking change. Craig-Hallum sees a significant stock opportunity given this combination and sees the potential for a $35-$40 stock over time.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DAKT:
- Daktronics initiated with a Buy at Craig-Hallum
- Daktronics files preliminary proxy statement for meeting of shareholders
- Cree LED, Daktronics enters licensing agreement for LED display technology
- Daktronics comments on presentation, statements from Alta Fox
- Daktronics Reports Strong Q2 2025 Results Amid Growth
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue