DA Davidson lowered the firm’s price target on Lakeland Industries (LAKE) to $23 from $28 and keeps a Buy rating on the shares after its Q4 results. The company’s earnings missed estimates due largely to one-time impairments, and its organic growth rate is expected to exceed the firm’s model, the analyst tells investors in a research note. Lakeland stock remains well-below its level prior to the original tariff announcement despite the resilient end-market and solid growth expectations, the firm adds.
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Read More on LAKE:
- Lakeland Industries’ Earnings Call: A Mixed Financial Outlook
- Lakeland Industries Reports Strong Sales Growth Amid Challenges
- Closing Bell Movers: Futures sustaining gains after massive rebound
- Lakeland Industries sees FY26 revenue $210M-$220M, consensus $204.22M
- Lakeland Industries reports Q4 EPS ($2.42) vs. (13c) last year
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