Lake Street raised the firm’s price target on Kimball Electronics (KE) to $32 from $28 and keeps a Buy rating on the shares. After what the firm calls “a strong start in FY26,” it views the worst as behind the company and thinks it can now work to get back to growth next year, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KE:
- Kimball Electronics Reports Strong Q1 Performance
- Kimball Electronics’ Earnings Call: Mixed Outlook with Medical Growth
- Kimball Electronics reports Q1 EPS 49c, consensus 27c
- Kimball Electronics affirms FY25 revenue view of $1.35B-$1.45B, consensus $1.40B
- Kimball Electronics Inc (KE) Q1 Earnings Cheat Sheet