Lantronix price target raised to $5 from $4 at Lake Street

Lake Street raised the firm’s price target on Lantronix (LTRX) to $5 from $4 and keeps a Buy rating on the shares after the company reported revenue and EPS in line with estimates in what the firm calls a “solid finish to the year.” Guidance and management’s upbeat tone “give us confidence momentum can continue throughout FY26,” the analyst tells investors.