As previously reported, DA Davidson analyst Michael Shlisky upgraded Lakeland Industries (LAKE) to Buy from Neutral with a price target of $14, up from $10, following Q4 earnings, telling investors “it did not take long for LAKE to turn things around, or at least show evidence that things are improving from here.” While the firm believes Lakeland “may have more to go,” it argues that Friday’s 25%-plus stock price upside “may just be the beginning as the full head-to-toe offering rolls out.”
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Read More on LAKE:
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