Maxim raised the firm’s price target on Lakeland Industries (LAKE) to $16 from $14 and keeps a Buy rating on the shares. The company has recently announced that it received NFPA 1970:2025 certification, confirming that their gear meets the newest, strictest federal health and safety requirements, which allows Lakeland to bid on a $178M global project pipeline with a fully compliant, head-to-toe suite of protective equipment, the analyst tells investors in a research note.
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